Berkshire Hathaway shareholders pose with a stand-up picture of Warren Buffett during the 2019 annual shareholders meeting. AFP via Getty Images

The busiest time of year for Gorat’s Steak House in Omaha, Neb. isn’t Mother’s Day, Father’s Day or the holiday season. It’s every first weekend of May, when tens of thousands of Berkshire Hathaway shareholders descend upon the city to attend the conglomerate’s annual shareholder meeting, often dubbed the “Woodstock of Capitalism.”

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The event delivers a massive business surge to Gorat’s, the steak house famously favored by Warren Buffett, generating........

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