Posts Tagged ‘Warren Buffett’

What’s New for #BRK2014? A New CEO at Borsheims!

Tuesday, April 22nd, 2014

In our second installment of What’s New for Berkshire Hathaway shareholders weekend, it’s more huge news for Borsheims! (The first installment featured our new outlet store, the Borsheims Boutique.)

Today’s news? We have a new President & CEO, Karen Goracke!

Karen Goracke PhotoAlthough Karen is new in her role as President & CEO, she is not new to Borsheims. She started at Borsheims in 1988, as a salesperson in the gift department. Since then, she’s held about every role, including a stint as a stay-at-home mom.

After six years at home, Karen ran into then Borsheims President & CEO Susan Jacques at a soccer game. Susan asked her to consider coming back to work and she did, as Ladies Jewelry Buyer. She was eventually promoted to Director of Merchandise before being named President & CEO by Warren Buffett last fall.

Her prior experience as Director of Merchandise means that Karen was basically responsible for selecting each and every item that is for sale at Borsheims. She knows our inventory inside and out. Last Berkshire Hathaway shareholders weekend, you would have seen Karen filling our cases with jewelry, watches and gifts (which she loves to do!). This year, she will be working with Mr. Buffett as he negotiates his “Crazy Warren” price with shareholders.

It’s a change that Karen is ready for:
“Borsheims has such a wonderful history and tradition. I see my role now as just steering this ship that is already headed in the right direction. We have such a wonderful team here, customers shouldn’t notice any changes to how we have always done things; a vast selection of jewelry, watches and gifts, incredible customer service, all at the lowest price we can offer.” – Karen Goracke, Borsheims President & CEO
So when you see Karen Goracke (pronounced gohr-ACK-ee) this Berkshire Hathaway shareholders weekend, say ‘hi’! And if you see her trying to fill the cases with jewelry, gently remind her that she has a new role now. We are thrilled to have her steering our ship!

 

Invest in Yourself? Berkshire Hathaway Shareholders Say Yes!

Sunday, April 20th, 2014

After an unbelievably great turnout the first year, the Invest in Yourself 5k is back and expecting to be even bigger and better this year!

Invest5kThe run, sponsored by Berkshire Hathaway company Brooks, is held on the Sunday of Berkshire Hathaway shareholders’ weekend (May 4th this year). It starts at 8am and the course is in downtown Omaha, near the site of Berkshire Hathaway’s annual shareholders’ meeting at the CenturyLink Center.

Last year, the first for the race, more than 2,000 Berkshire Hathaway shareholders participated. They were greeted by Warren Buffett himself firing off the starting pistol. Participants were given Brooks technical t-shirts and finisher medals. The winners received crystal trophies from Borsheims.

Organizers say it was such a success, they are expecting more runners this year. And if you want to run, you’re in luck – the early-bird deadline is today! You can save yourself $10 by registering now. Otherwise, you can still register up until race day, it will just cost you a little more.

Click here to go to the Invest in Yourself 5K site to sign up!

Let’s Talk Food, Berkshire Hathaway shareholders

Friday, April 18th, 2014

Two weeks from today, you guys!

Two weeks until we get to have thousands of our friends and shareholders visit Omaha from all over the world. It is always so much fun, and it feels like it really came quickly this year. (Maybe that’s because the weather has been so chilly here lately. Don’t worry – we are warming it up before you arrive!)

Anyway, I know when I’m a few weeks out from an event, I start thinking about food. That’s normal, right?!?

steakI mean, who wouldn’t start salivating over a big juicy steaks a couple of weeks out? Especially if you don’t have regular access to our fine Omaha steaks (and Omaha Steaks) on a regular basis.

Warren Buffett always talks about his favorite spots. Gorat’s, which was renovated and under new ownership last year, is a staple for Mr. Buffett and his fans. In fact, he encouraged shareholders to call a few weeks ago to snag their reservations for the Sunday of Berkshire Hathaway shareholders weekend. They are likely booked up for Sunday, when Mr. Buffett will stop by, but you can always try to get reservations another day.

Mr. Buffett’s other favorite is Piccolo Pete’s, where he swears by the large root beer float. They, too, are expecting to see Mr. Buffett on Berkshire Sunday, so they are probably booked for reservations. You should still call them to try to get in. Root beer floats are never a bad thing.

Both Gorat’s and Piccolo Pete’s are old school steakhouses. The kind where you get a hunk of meat, a big potato, usually an iceberg lettuce salad and some pasta on the side. It is filling, delicious, and makes you feel like you stepped back a few decades in time (and in terms of price! They’re both very reasonably priced). Other old-school steakhouse favorites here in Omaha, and personal favorites of mine, include The Drover, Brother Sebastian’s and Cascio’s Steakhouse to name a few.

The Omaha World Herald reviewed our old steakhouses last summer and found Brother Sebastian’s to be the best. Plus it’s a really cool atmosphere.

If you want a more contemporary steak eating experience, Omaha has you covered, too. Or really any food. Check out our restaurant section for a guide to Omaha eats, sorted by area of town and some by cuisine.

And really, I love to talk food. So if you have any specific requests or questions, comment away and I will be happy to guide you in the right direction!

 

This Year’s Berkshire the Last for Chess Champ

Monday, April 14th, 2014

A word of warning for all of our Berkshire Hathaway shareholder chess fans: Patrick Wolff says this year’s Berkshire will be his last.

Mr. Wolff has been a staple at the Sunday shareholder-only shopping day during Berkshire Hathaway shareholder weekend. Each year, Warren Buffett invites shareholders to come and play the two-time US Chess Champion. And Mr. Wolff takes the shareholders on six at a time, all while he’s blindfolded. It’s incredible to witness!

Patrick Wolff plays chess against shareholders during the 2010 Berkshire Hathaway meeting.

Patrick Wolff plays chess against shareholders during the 2010 Berkshire Hathaway meeting.

Shareholders arrive bright and early in order to try to take Mr. Wolff on. A few have beat Mr. Wolff over the years, but not many.

We are sad to see him go, but so grateful for all the years and time he has given to Berkshire Hathaway. Make sure to thank Patrick Wolff when you see him this year, and if you’d like to be one of the lucky ones to get a match in with him, see me at the info table bright and early Sunday morning!

Warren Buffett Suggests AirBNB for #BRK shareholders

Thursday, April 10th, 2014

In response to complaints that Omaha hotels are raising their rates too high during Berkshire Hathaway shareholders’ weekend, Warren Buffett is suggesting shareholders look to airbnb to save a little money.

Yahoo Finance had the news yesterday, with a spokesperson for airbnb saying that Mr. Buffett’s office had asked them to help find more rooms in Omaha for the annual shareholders’ weekend.

At this point, most of the listed Omaha airbnb’s are booked for Berkshire weekend. Mr. Buffett asked his financial assistant Tracy Britt Cool to see if airbnb could help. Airbnb says they are working to find more rooms for this year’s weekend, but will definitely have more by next year.

Are you having trouble finding a place to stay? Or did you book in advance? Do you mind paying a premium?

Let us know, perhaps we can help!

Buffett says Omaha Hotels “Taking Advantage of Shareholders”

Friday, March 28th, 2014

Uh oh!

We know the hotels here in Omaha tend to raise their rates during Berkshire Hathaway shareholders weekend, but they may have gone too far this year.

Warren Buffett has told the Omaha World Herald that it seems the hotels are taking advantage of shareholders. He even went so far as to consider a shareholder’s suggestion to move next year’s meeting to Dallas.
“Omaha’s No. 1, but I do listen to my shareholders,” Buffett said. “If I hear from enough of them, I’ve got to think about an alternative, and next year (Dallas) would be a logical location. We would attract way more people than we do in Omaha.”     (Omaha World Herald, March 28, 2014)
No!!!! Not Dallas! (Signed, the friendly folks at Borsheims who love hosting shareholders each spring!)

Read the entire article from Buffett expert Steve Jordon in today’s Omaha World Herald.

And here are some tips from the locals about hotel rooms.

- Look outside the Old Market area. Yes, you would need to have transportation, but we do run shuttles all Saturday and you might get to explore a different part of town.

- Try to rent a home or apartment via airbnb or vrbo or craigslist. I was looking into this yesterday, and a lot of the places are already booked for this year but there might be a few options on there.

- Remember that Council Bluffs is SUPER close to Omaha. As in, right across the river. Try the hotels and casino hotels there.

I hope that helps. And I’m sure that a few stern words from Mr. Buffett to hotel managers may help with the rate increases, too. At least for the 2015 Berkshire Hathaway Shareholders Meeting!

Hit me with any questions about lodging in the comments section and I am happy to answer them!

Warren Buffett’s Big Head at Berkshire Shareholders Weekend?

Tuesday, March 25th, 2014

First of all, I want one.
101520890-Blank_Room_StreetGrip_Temp.530x298 Second of all, how many of these do you think we will see at this year’s Berkshire Hathaway shareholders meeting? The all-day shareholders meeting already has a bit of a party atmosphere with the movie and the circus that is Berkyville right next door.

The “Warren Buffett Big Head” by the company called Fathead sells for $29.99. CNBC reports that proceeds from the sale of the head will go to Detroit charities.

If you want one for yourself, click here to go to Fathead’s website.

Perhaps someone can come up with a Charlie Big Head, too, so he doesn’t feel left out.

March Madness is Berkshire Hathaway Madness

Wednesday, March 19th, 2014

Even if you’re not a basketball fan, the thought of winning $1 billion probably appeals to you. Our esteemed Chairman and CEO is banking on it!

I’m sure you have seen Warren Buffett on the news talking about how he’s teamed up with Quicken Loans for the Quicken Loans Billion Dollar Bracket Challenge. If you correctly pick the winner of all the men’s NCAA basketball tournament games, you win a billion dollars. Easy, right?

It’s pretty fun, and it appears to be a pretty safe bet for Mr. Buffett and Berkshire Hathaway. See this piece in the Washington Post to see why it is likely no one will win the $1 billion.

But here’s today’s great news. Employees of Berkshire Hathaway companies are eligible to participate! (I’ll be filling out my bracket in a few minutes!). Our friend Steve Jordon of the Omaha World Herald has the scoop.

The entire state of Nebraska will be playing close attention to the tournament, too. Both the Creighton Bluejays and the Nebraska Cornhuskers made the tourney for the first time ever. It should be a fun next few weeks!

Now… as good BRKers, do we hope that someone wins or loses the billion dollar bracket challenge?

Requests for Berkshire Hathaway Shareholders Weekend?

Tuesday, March 11th, 2014

We had a gloriously beautiful spring-like day here in Omaha yesterday. The kind that reminds you that you can be warm again. The kind that makes you think of early May. The kind that makes you feel ready to see thousands of Berkshire Hathaway shareholders from around the world descend upon your city.

We can’t wait.

Our countdown until May 2nd is in full gear. We are ordering tables and chairs, picking out food and drinks, and deciding which bands will get you dancing in our tent.

And while we are at it, we want to know… is there anything you would like to see at this year’s Berkshire Hathaway shareholders weekend? Any special requests? Something you’d like to see changed from previous years or something you would like to see added that we have never even thought about?

Leave your suggestions in the comments. We know you have some great ideas!

What’s New at Berkshire Hathaway Annual Meeting

Saturday, March 1st, 2014

There are many journalists, analysts and Berkshire Hathaway fans dissecting the investing insight in Warren Buffett’s annual letter to shareholders this morning. They’re typing fast, thinking faster and working to get their stories turned around and posted for your reading pleasure.

Here at BorsheimsBRK, we like to focus on the last section of Warren Buffett’s letter. The section where he talks about what to expect during this year’s annual shareholders weekend in Omaha (this year, May 2-4th, 2014).

As always, it will kick off with our Friday night shareholder-only cocktail party at Borsheims. It really is a party – lots of food, lots of drinks, a band playing in the biggest tent in Nebraska, and the most beautiful jewelry, watches and fine gifts available to purchase at a big discount for our Berkshire Hathaway shareholders.

So what’s new this year? We always find out the same time you do – in the annual letter. The meeting on Saturday will operate much the same as it has the past few years, with shareholders alternating questions with journalists and analysts.

Shareholders who want to stretch their legs during the meeting can visit Berkyville, where things were pretty successful last year. From Mr. Buffett’s letter:

 In a nine-hour period, we sold 1,062 pairs of Justin boots (that’s a pair every 32 seconds), 12,792 pounds of See’s candy, 11,162 Quikut knives (21 knives per minute) and 6,344 pairs of Wells Lamont gloves, always a hot item. This year, Charlie and I will have competing ketchup bottles for sale. Naturally, the one with Charlie’s picture will be heavily discounted. But, if you help, my bottle will outsell his. This is important, so don’t let me down.

Our Borsheims booth did exceptionally well, too. We sold out of most of our jewelry, so if you want a diamond engagement ring or anniversary band, pearl bracelet or Berkshire Hathaway memorabilia, get there early!

Invest in Yourself 5K returning for #BRK2014

Invest in Yourself 5K returning for #BRK2014

The Berkshire 5K is back on Sunday morning for its second year. It was a huge hit last year, with Mr. Buffett firing the starting gun. It’s sure to be even larger this year (especially if we get NICE May weather instead of last year’s cold and snow!).

The big news for us is that Warren Buffett has agreed to return for his fourth stint behind the sales counter at Borsheims. He will sell Sunday, May 4th, 2014. He’s told shareholders to ask for the Crazy Warren price in the past. Here’s what he says this year:

About 1:15 p.m. on Sunday, I will begin clerking at Borsheims. Ask for my “Crazy Warren” quote on the item of your choice. As I get older, my pricing gets ever more ridiculous. Come take advantage of me.

We’re a little afraid of how low he might go! And the man has energy. He usually sells after playing ping-pong, a few hands of bridge, and – oh yeah – a full day question-and-answer shareholder meeting. All that action must make him hungry, because he says in his annual letter that he will eat at both Gorats and Piccolos on Sunday night.

We can’t wait! Only 61 days until Berkshire Hathaway shareholders weekend. Start mapping out your fun now!