Conglomerate holding company Berkshire Hathaway is one of the world's most respected companies run by legendary investor Warren Buffett. Holders of the New York Stock Exchange's priciest stock will make the pilgrimage to Omaha, Nebraska, next week for the company's annual shareholder meeting – and a group of lucky undergraduates will go along for the ride to learn about the company, it's impact on the economy, and hear words of wisdom from the "Oracle of Omaha" himself.

In this edition of Smith Business Close-Up with the University of Maryland's Robert H. Smith School of Business, David Kass talks about Berkshire Hathaway, the annual shareholder meeting, and the upcoming student trip.