NEW YORK (TheStreet) -- The Berkshire Hathaway (BRK.A) (BRK.B) annual meeting is upon us. Often referred to as the "Woodstock of Capitalism," it is one of the most anticipated -- and quirkiest -- events in investing.
Held in Omaha, Neb., this year's event is especially noteworthy as it marks the completion of Warren Buffett's fifth decade at the helm of Berkshire Hathaway. Themed "50 Years of a Profitable Partnership," the 2015 meeting will be the firm's biggest yet, with over 40,000 people expected to descend on the CenturyLink Center Omaha on Saturday, May 2.
Ahead of the 2015 gathering, here are 10 strange facts you may not have known about Berkshire's annual meeting.
1. The Meeting Hasn't Always Been Such a Big Deal
For years, it was basically a non-event, just 12 people attended in 1981.
Buffett first put in a plug for the gathering in his 1984 letter to shareholders. He acknowledged that "many annual meetings are a waste of time" but noted that his operation is distinct.
"Berkshire's meetings are a different story," he wrote. "The number of shareholders attending grows a bit each year and we have yet to experience a silly question or an ego-inspired commentary. Instead, we get a wide variety of thoughtful questions about the business. Because the annual meeting is the time and place for these, Charlie and I are happy to answer them all, no matter how long it takes."
Buffett's mention of the meeting spurred 250 of its 3,000 registered shareholders to attend the following year.