Posts Tagged ‘Warren Buffett’

Update: Who Won the Airbnb Contest to Stay in Buffett’s Former Home?

Wednesday, April 15th, 2015

Yahoo Finance says a woman from Irvine, California, and her teenage son will be staying in Warren Buffett’s childhood home after a contest through Airbnb.com. Thousands of people applied to spend Berkshire Hathaway weekend in the home, in Omaha’s Country Club neighborhood.

airbnb-new-logo-belo-feeldesain5You can read winner Lynn Dann’s entire essay on Yahoo.com, but my favorite part was when she talked about how she wants her 18-year-old son to learn from Warren Buffett and Charlie Munger before he graduates from high school this year. What a great opportunity for him – and what a memorable trip they’ll have together.

Congratulations, Lynn! We hope to see you enjoying all the Berkshire fun… and know we have lots of perfect graduation gifts for sale at Borsheims at amazing prices thanks to your Berkshire Hathaway shareholders discount!

Warren Buffett, Retired Jewelry Salesman

Tuesday, April 14th, 2015

We knew it couldn’t last forever. Our best (and certainly our most well-known) jewelry salesman retired after an incredible few stints behind the jewelry counter.

Warren Selling

Warren Buffett sells jewelry to a Berkshire Hathaway shareholder during the 2012 Shareholders Meeting

Calling himself “Crazy Warren,” Mr. Buffett sold jewelry to shareholders during a two-hour shift inside Borsheims luxury salon on the Sunday of Berkshire Hathaway weekend. He made some big sales and lived up to his “Crazy Warren” moniker by giving prices so low it made our President & CEO cringe.

But what truly made Warren Buffett a great salesman was that he was able to participate in the special moments in our customers’ lives… including this surprising moment last year.

While we will miss Mr. Buffett behind the jewelry counter, we’re thrilled to still welcome him to Borsheims during the shareholders weekend. Each year, he comes by and is a part of the entertainment, playing ping pong or bridge and shaking a few shareholders’ hands along the way. Come by on Sunday, May 3, and see our best retired salesperson for yourself!

Buffett’s Berkshire (Almost) Autobiography To Sell for $20

Monday, April 13th, 2015

It’s not an official autobiography, but the Omaha World Herald’s Steve Jordon says it’s as close as we’ll probably get to one. Warren Buffett is releasing a Berkshire Hathaway 50th anniversary book during Berkshire Hathaway shareholders weekend and it sounds like a thing of beauty.

The book was originally expected to be inexpensive, with mainly reprints of Buffett’s annual letter to shareholders and other documents. But the project grew and it is now a 120-page hardcover book, says Jordon in his Sunday Omaha World Herald Warren Watch column. He says the book will sell for $20 and only at the CenturyLink Center during the Friday and Saturday shopping periods. And it will have photos with captions written by Buffett.

Read all about it in Jordon’s Warren Watch column.

We can’t wait to get our hands on the book and add it to our collection of Berkshire Hathaway-related reading material!

Today in Fun Berkshire Hathaway News…

Wednesday, March 25th, 2015

What a fun day to be a Berkshire Hathaway shareholder!

When I woke up, the new Entourage movie trailer was all over my Twitter feed. And apparently, our esteemed Chairman Warren Buffett makes a cameo on the movie! Check out his name and picture in the trailer:

I think I remember a few years back that an Entourage clip was included in the video played at the annual Berkshire Hathaway shareholders meeting. Does anyone else remember that? I’m wondering if Mr. Buffett shot more scenes for the movie or if the movie producers just included a clip or two from the Berkshire video. Either way, pretty cool!

Then, a few hours later, we learn that Berkshire Hathaway is financing the merger of Kraft and Heinz. We’ve enjoyed having Heinz a part of the Berkshire family for the past few years. And the new partnership is leading to some pretty great ideas on behalf of Berkshire shareholders anxious to see a Kraft booth in Berkyville at the annual shareholders meeting!

 

Screen Shot 2015-03-25 at 2.25.45 PMImagine a mac & cheese truck! Or Lunchables and Capri Suns for the kids? Unlimited A1 Steak Sauce for all those steaks at Gorats’s and Piccolo’s during the weekend. Wheat Thins and Easy Cheese for a midmorning snack during the meeting. The possibilities are endless! What are your great Kraft ideas?

We have no idea if Kraft will make an appearance at this year’s annual meeting, but we’ll be happy to see them whenever they arrive! Until then, consider my weekly Kraft Mac & Cheese habit a contribution to the well-being of Berkshire Hathaway!

 

BRK Shareholders: Do you know about #TexasTuesday?

Tuesday, March 24th, 2015

I love Tuesdays because:

a) it’s not Monday, and

b) #TexasTuesdays!

Not to be confused with Taco Tuesdays (which are a big thing among my kids and their friends!), #TexasTuesdays for us are all about Nebraska Furniture Mart’s huge new store opening soon in Texas.

An aerial photo from January 2014 gives you an idea of just how big NFM Texas will be!

An aerial photo from January 2014 gives you an idea of just how big NFM Texas will be!

And when we say huge, we mean it. It will be America’s Largest Home Furnishings store, with 550,000 square feet of showroom space for furniture, flooring, appliances and electronics. The warehouse is more than 22 football fields in size.

Most Berkshire Hathaway shareholders who have been to Omaha have visited Nebraska Furniture Mart’s Omaha location and know just how enormous it is. The Texas store is even bigger.

So each Tuesday, our friends (and Berkshire Hathaway family) at Nebraska Furniture Mart have Texas Tuesday where they give a sneak peek of the Texas store. The last few weeks have featured GoPro tours of the store.

You can see it will be impressive. Warren Buffett certainly thinks so. He has said he expects that all three stores (Omaha, Kansas City and Dallas/Fort Worth) will do a combined $1 billion in sales annually.

While NFM Texas hasn’t set an official opening date yet, Mr. Buffett will be there on April 8 to speak at a cancer fundraiser. The store has been having a soft open, inviting bloggers, journalists and others into the store for a sneak peek and some shopping.

So go online and check out #TexasTuesday. You can find info on NFM’s YouTube channel, their Twitter accounttheir Facebook page, or even their blog!

And welcome, NFM Texas, to the Berkshire family. We hope to hike your showroom soon!

How to Sleep in Warren Buffett’s House

Tuesday, March 17th, 2015

Did you see this today?

We know Warren Buffett has been promoting Airbnb this year as an alternative to Berkshire Hathaway shareholders, but this is a new level of cooperation!

Airbnb is offering some lucky Berkshire Hathaway shareholders the chance to stay in Warren Buffett’s childhood home during Berkshire Hathaway shareholders weekend (May 1 – 4, 2015).

Buffett’s childhooairbnb-new-logo-belo-feeldesain5d home is right here in Omaha (in the Country Club neighborhood), not far from his current home (in Dundee). It’s a great neighborhood for visiting, with lots of restaurants in both Benson and Dundee within walking distance. It can sleep six and you can’t beat the price – free if you win the contest!

 

So here’s how to enter…

Go to Airbnb’s website here.

Click on contact host and answer these four questions:
  • What are you most excited to experience in Omaha? (200 words max)
  • What are you most looking forward to at the Berkshire Hathaway Shareholders Meeting? (200 words max)
  • What’s your favorite Airbnb experience? (200 words max)
  • What’s next on your travel bucket list? (200 words max)
All entries need to be in by midnight on April 1st. The winner will be chosen by a panel, including the current owner of the home.

 

So go and enter. And even if you have accommodations already booked, you might want to look at Airbnb’s site. They have some great details on the place Warren Buffett used to call home!

Buffett’s Letter: The Non-Annual Meeting Stuff

Saturday, February 28th, 2015

We know our limitations here at BorsheimsBRK. We are the experts on the annual shareholders weekend.

We defer to the following links to get you started on analyzing the rest of the letter:

CNBC: Berkshire’s Net Worth Increased by $18.3 billion

Forbes: Buffett Chronicles 50 Years at Berkshire Hathaway

Wall Street Journal’s Live Blog on Buffett’s Letter

And my personal favorite:

Fortune: Warren Buffett’s Best Zingers from 2015 Letter

Buffett’s Letter: What’s New for the Shareholders Meeting

Saturday, February 28th, 2015

There are so many pieces of information to gain from reading Warren Buffett’s annual letter to shareholders (or in this year’s case – letters to shareholders!).

One of our favorite reasons to read is for insight into what’s going on during the annual shareholders’ meeting – scheduled this year for the weekend of May 1 – 3.

Believe it or not, even though we at Borsheims host two big events for shareholders during the weekend, we are sometimes surprised by Mr. Buffett’s plans for the weekend. It makes for a fun morning, learning about all great shareholder events we have to look forward to in just two short months.

So here is the rundown on what’s new and what to look forward to for this year’s annual shareholders weekend:

- Berkshire Hathaway’s golden anniversary is sure to draw huge crowds. The 39,000 people attending last year set a record, and Mr. Buffett expects even larger crowds this year.

Shoppers crowd Borsheims booth at the CenturyLink Center's Berkyville during the 2014 annual meeting.

Shoppers crowd Borsheims booth at the CenturyLink Center’s Berkyville during the 2014 annual meeting.

- The exhibit hall at the CenturyLink Center (Berkyville, as it’s come to be known) will be open Friday and Saturday for shareholder shopping. The Friday hours – from noon to 5 – are new! I know several of the booths sold out of items last year, so here’s hoping they bring more inventory this year for the extended hours. I know our Borsheims booth will be stocked with jewelry items and memorabilia, from the affordable to the higher end. We are planning to have plenty of items for everyone to buy no matter which day they visit us. (See what we sold there last year for an idea of what may be on the menu this year).

- Several booths will have special Golden Anniversary items for sale. Mr. Buffett specifically mentions a book from the Bookworm commemorating 50 years. Our Borsheims team is producing several special items, all with a gold theme. A gold pen and a gold jewelry box are just the start. Know that we’ll definitely have some gold jewelry you can put in that jewelry box, too!

- There will be a tiny parade to kick things off Saturday morning. A parade at 6:20am. Featuring two Texas longhorns named Norman and Jake. Ridden by Justin Boots execs. Followed by four horses pulling a Wells Fargo stagecoach. Of course.

The rest of the weekend’s events look very similar to prior years events.

Friday, the Borsheims cocktail party is the place to be (if we do say so ourselves!).

Saturday is the annual meeting, all the awesome Berkyville shopping, and the Nebraska Furniture Mart picnic at night.

Sunday is the shareholder-only shopping day back at Borsheims. In the afternoon, come and watch Mr. Buffett (usually joined by Bill Gates) play Olympian table tennis star Ariel Hsing. We also have a magician and bridge experts there for entertainment.

Sunday evening, Mr. Buffett encourages you to eat at one of his two favorite steakhouses – Gorats or Piccolos.

Then we’ll allow you to return to your homes, stuffed with steak and root beer floats, laden with Borsheims boxes and Nebraska Furniture Mart delivery slips, and exhausted from a very fun and incredibly memorable weekend.

Here’s to 50 years and seeing you in 61 days!

The Golden Anniversary Letter(s) to Shareholders!

Saturday, February 28th, 2015

A quick scan of the Berkshire Hathaway annual letter to shareholders showed it is full of the same wonderful wit and wisdom of every year… times three!

In addition to the earnings report, Warren Buffett and Charlie Munger each wrote a letter talking about the past 50 years of Berkshire and what they expect for the next 50 years of Berkshire.

It is a must read for Berkshire Hathaway fans and shareholders.

Read the entire document – the earnings report and both letters – here.

It’s Berkshire Hathaway’s Annual Letter Week!

Monday, February 23rd, 2015

I’m sure it’s on your calendars, devoted Berkshire Hathaway shareholders. This Saturday is the big day. Warren Buffett is releasing his annual letter to shareholders and this year, as we blogged about, it’s a 3-for-1 deal!

The letter is usually released around 7am CST.

We will be awake – reading it and blogging about it bright and early on Saturday. We read it for amusement, insight into the annual meeting and any life lessons from Warren Buffett (and this year, from Charlie Munger, too).

We will also provide you with links to several people who actually analyze what it says in terms of your investment. That’s not our specialty, but we know several journalists who make it their focus.

Speaking of journalists, one of our favorite go-to sources for all things Warren Buffett, Berkshire Hathaway and the annual shareholders meeting is Steve Jordan with the Omaha World-Herald. Steve has been covering Warren for years and does a weekly column called Warren Watch. He frequently breaks big scoops there, but just as often provides us with little fun tidbits that help even us on the inside to navigate the annual meeting.

In yesterday’s column, he talked about all the AirBNB is doing to recruit more people to open their homes to shareholders for this year’s annual meeting. Read it and make sure to subscribe to his updates so you don’t miss a thing.

See you all bright and early Saturday morning! We expect lots of wit and wisdom, as always!