OMAHA, Neb.
May 27, 2011, 10:10AM ET
Berkshire Hathaway Inc. officials estimate 36,000 people attended this year's shareholder meeting where Warren Buffett and Charlie Munger spent nearly six hours answering questions.
That attendance estimate is down from the pre-meeting prediction of 40,000 and last year's 37,000 attendance, but it is difficult to develop a precise count for the Omaha event.
The attendance count is based partly on the number of requests for passes shareholders submit and partly on a rough count as they enter the arena's doors.
But no one collects tickets as people enter the meeting, and many people come and go during the daylong event. Plus, many shareholders request the passes just to obtain special discounts at Berkshire subsidiaries like the Nebraska Furniture Mart.
Spokeswoman Carrie Kizer says 36,000 is the company's best guess.
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