Buffett Is Back With Big Buying Spree

in-person meeting: 대면 회의 
…this was the first, uh, in-person meeting that we’ve had in quite some time…

flock: (많은 수가) 모이다, 떼 지어 모이다 
…thousands of shareholders flocked to Omaha, Nebraska…

back in action: 다시 활동하다, 다시 시작하다 
…he’s really back in action…

in years: 몇 년 동안 
…that we’ve seen in years…

mispriced: 가격이 잘못 매겨진 
…he’s looking for mispriced opportunities…

volatility: 주가변동성
shake (something) out: ~을 바꾸다, 변화시키다 
…so he kind of needs that volatility to actually shake some things out in the market.

arbitrage: 차익거래 (싸게 매수하여 비싸게 매도하는 것) 
…is a merger kind of arbitrage play that…

shakeout: (많은 투자자가 동시에 이탈하는 상황으로 인한) 주가의 폭락 
…we finally might be getting the shakeout that could help some value investors.