Earlier in the day, Mr. Buffett participated in a newspaper tossing challenge prior to taking the stage at the shareholders conference.
At its annual shareholders' conference, Toyota disclosed that it had docked the pay of its top management by 10 percent to help atone for the company's recent safety problems, which have led to the recalls of more than nine million vehicles worldwide.
Despite this, and a considerable police presence, protesters gathered in front of heir Jim Walton's home the day before the shareholders conference.
At Microsoft's annual shareholders conference today, Microsoft CEO Satya Nadella cited diversity progress in relation to the executive team and board of directors.
And every 90 days, we have these all-day meetings that are basically these shareholder conferences.
Ron Baron, the mutual fund manager, may be suffering along with most investors in this market, but he has won good will from investors by playing host to lavish shareholder conferences once a year.
Last Friday, Mr. Baron held his annual shareholder conference, which promised surprise musical entertainment.
Sumner Redstone, the frequently blunt chairman of Viacom, will not attend the company's shareholder conference next week, according to an article in The Wall Street Journal.
"When we get investments wrong it's because we've misjudged the talents of individuals," Mr. Baron, who is 61, said at a shareholder conference last week.
The shareholder conference is VW's first since the emissions scandal that forced out its long-standing CEO and tarnished its reputation.
