Warren Buffett 's Berkshire Hathaway meeting to be streamed live for first time

For years, most Berkshire Hathaway shareholders had to fly to Omaha, Nebraska, pay jackedup hotel rates and line up early on a Saturday to hear Warren Buffett at the company’s annual meetings.

No longer. When "Woodstock for Capitalists" returns on April 30, anyone with an Internet connection will be able to stream video of the question-and-answer session online for the first time, thanks to a partnership with Yahoo.

As Buffett put it in his annual letter to shareholders two months ago, the arrangement could reduce attendance, which strained the event space last year. More importantly, it’ll allow a greater number of investors to check on the 85-year-old billionaire and his 92-year-old sidekick, Charles Munger.

"If we were partners with you in a small business, and were charged with running the place, you would want to look in occasionally to make sure we hadn’t drifted off into la-la land," he wrote. "Shareholders, in contrast, should not need to come to Omaha to monitor how we look and sound."

Consider it Buffett’s latest foray into the digital age. While the Berkshire chairman and chief executive officer has long joked about still having a flip phone and hardly bothered to update the company’s website from its 1990s dawn-of-the-Internet design, he did join Twitter in 2013. But, even there, he’s proven reticent to jump in with both feet: His account had just seven posts as of Monday afternoon in New York.

Yahoo will be handling the technical aspects of beaming the executives around the world. In return, it gets to sell ads and sponsorships alongside the livestream.