Posts Tagged ‘Warren Buffett’

Buffett-related Learning Opportunities in Omaha during BRK Weekend

Monday, April 17th, 2017

While most shareholders come to Omaha to take in the meeting, do some shopping (and saving!), and see the sights, there are several shareholders who want to soak up as much Buffett and Berkshire knowledge as they can. For them, Omaha has plenty to offer! Over the past decade or so, many seminars have popped up surrounding Berkshire Hathaway shareholders weekend to provide eager shareholders with even more Buffett and Berkshire related information.

Here are a few that have caught our eye – and a bit of info about them from their respective websites:

Value Investing Panel at Creighton University
Friday, May 5, 2017 – 3:00pm

Creighton University’s Heider College of Business and Portfolio Practicum class will be hosting a value investing panel discussion at 3:00 pm on Friday, May 5th, in the Mike and Josie Harper Center. A reception will follow the panel discussion at 5:00 pm.

Currently in it’s ninth year, the Value Investing Panel (VIP) is organized and run by the Portfolio Practicum students each year, and is designed for students and investors interested in value investment. It is also open to members of the community who would like to hear panelists’ thoughts on the current state of the stock market and alternative investment strategies. Picking the brain of just one of the panelists would be illuminating. Hearing their combined thoughts in a panel discussion atmosphere is a rare opportunity.

The Portfolio Practicum class is an experiential learning opportunity unique to the Heider College of Business. Students learn portfolio management techniques and augment classroom lessons on valuation skills while gaining real-world investment practice; this year’s class invested more than $6 million of the University’s endowment.

Genius of Buffett Seminar
The Genius of Warren Buffett is the first of twelve in-depth sessions of the extraordinary life of a financial, management, business and charitable legend. The course is offered at the University of Nebraska at Omaha by the author, Buffett Scholar and worldwide lecturer Robert P. Miles.

The course has been designed for students of all ages including: Berkshire Hathaway shareholders, senior managers, entrepreneurs, private investors, investment professionals, association executives, foundation leaders, corporate directors, family offices and generally for those with a curiosity and fascination of Warren Buffett, to join with UNO graduate students to explore an in-depth evaluation of the life, character, investment, management, business, and charitable career of one of the greatest business leaders of all time.

Course runs 8am – 5pm Monday, May 1 through Wednesday, May 3. Participants may attend optional evening dinner (not included) at various Omaha locations.
Value Investor Conference

A small gathering for the independent thinking investor, where world-class investors meet Warren Buffett CEOs. Geared particularly for the very seasoned and concentrated investor who prefers a more quantitative (numbers and measurable) and qualitative (management and non measurable) approach to selecting investments.

According to Berkshire Hathaway Vice Chairman Charlie Munger, “All intelligent investing is value investing.” Therefore, this value and intelligent investor retreat is enjoyed by independent minded investment professionals from around the world representing private investors,certified financial analysts, high net worth individuals, hedge fund managers, family offices, registered investment advisors, stock brokers, financial consultants, security analysts, pension fund consultants, public pension funds, independent trust companies, endowments, foundations, and mutual fund managers.

Seminar is Thursday and Friday, May 4 and 5 at University of Nebraska Omaha.

We hear that these seminars can sell out quickly, so make sure to register soon if your’e interested. If we weren’t so busy during Berkshire weekend ourselves, we would attend!

What’s the Best Nickname for Warren Buffett?

Tuesday, April 11th, 2017

Visitor's Guide Cover 2017This year’s annual meeting theme is a definite nod to one of Warren Buffett’s nicknames. He’s often referred to as the “Wizard of Omaha,” and this theme definitely has a yellow brick road, there’s-no-place-like-home feel going to it.

Omaha’s Buffett-focused reporter, The Omaha World-Herald’s Steve Jordon, is apparently not a fan of that nickname. In his column last week, he noted his preference of a nickname.
“Personally, I prefer “Oracle,” but that’s tougher to show in a drawing”. – Steve Jordon, Omaha World-Herald reporter
So what do you think? Do you have a nickname you use for our esteemed Chairman? Take our poll to vote on your favorite, or submit your suggestion for a nickname for Mr. Buffett!


The New Meeting Guide is Here!

Monday, April 3rd, 2017

This is how I’m feeling today!

The New Phonebooks are Out

I’m not sure what it is about the annual meeting guide’s first appearance in my mailbox each year, but it does make me believe that, in the words of Navin R. Johnson, “I’m somebody now!”

All joking aside, the arrival of the annual meeting guide is always exciting because we get an official rundown of Berkshire Hathaway shareholder weekend fun. And a glimpse of the theme of each year’s meeting. This year’s cover is very fun!

Visitor's Guide Cover 2017

Make sure to peruse the guide online by clicking here or you can always find the guide on the right side of our homepage here at www.borsheimsbrk.com.

Read through it, Berkies, and make sure to ask me any questions you may have.

Today is the day: Call Gorat’s!

Monday, April 3rd, 2017

If you want in on one of Berkshire Hathaway shareholders favorite Omaha traditions, make sure to call today and reserve your table at Gorat’s for dinner during Berkshire Hathaway shareholders weekend.A photo of the exterior of Gorat's steakhouse

Here’s what Warren Buffett says about the event:
One of Warren’s favorite steakhouses will open Sunday for a private shareholder event. Dinner will be served from 1-10pm. To get a reservation, call 402/551-3733 starting on April 3 (but not before). If Gorat’s happens to be booked on Sunday, try them on any other evening you are in town. They are open Monday – Thursday 11am – 9pm, Friday 11am – 10pm and Saturday from 5 – 10pm. Reservations are suggested and can be made any time for Thursday, Friday or Saturday of the shareholders weekend.
We have never been able to attend the Sunday event at Gorat’s (we’re still wrapping up our Sunday fun at Borsheims at that time), but we’ve eaten at Gorat’s a number of times. It’s great – and sitting a table or two away from Warren Buffett is the cherry on the cake (or the cherry in your root beer float, if that’s more your style).

But call soon – the tables fill up quickly!

Warren Buffett: Good Neighbor

Tuesday, March 28th, 2017

I realize that the audience reading this post probably already thinks that Warren Buffett is a good neighbor. But here’s some extra proof, courtesy of one of our best local tv journalists:

Warren Buffett sets a water bowl out for local dogs

Each year, when the weather allows it, the Oracle of Omaha (and/or his lovely wife) set out a little pup watering spot outside their gate. Considering the hilly neighborhood they’re in, and how hot it can get in Omaha, it is much appreciated!

I’m sure there are countless other ways the Buffetts are great neighbors, but here’s a nice example of how they’re helping our furry friends! Cheers to Warren and Astrid, from the dogs of Dundee!

And when you’re in Omaha for Berkshire Hathaway shareholders weekend and you stop by the Buffett’s house, see if you can spot the friendly neighborhood gesture.

What to Expect at the 2017 BRK Shareholders Weekend

Saturday, February 25th, 2017

It is officially Berkshire Hathaway season here in Omaha!

Berkshire Hathaway shareholders weekend is approaching, and the excitement really kicks off when Warren Buffett outlines the weekend in his annual letter to shareholders. (It was just released an hour ago – You can read the letter here.)

Here is what you need to know for the 2017 Berkshire Hathaway Shareholders weekend:
  • It is May 5, 6, and 7 in Omaha.
  • Yahoo Finance will live-stream the meeting again for those who cannot travel to Omaha. (Warren Buffett says 1.1 million viewers watched it live last year, with another 11.5 million replays. Most people thanked him, saying they were too old, too thrifty, or their religion kept them from attending in person).
  • Shopping at the CenturyLink Center on Friday and Saturday was HUGE, and it will again be open on Friday from noon to 5pm and Saturday from 6am to 5pm. I know our team at Borsheims has ordered extra items this year!
  • The official schedule of events is found here, but Mr. Buffett’s letter details a few more offerings, like the newspaper toss and what specific books you should purchase at the Bookworm’s booth.
  • Nebraska Furniture Mart will offer discounts in its Kansas City and Dallas area stores for the first time this year to Berkshire Hathaway shareholders. Shareholders will still need to show proof of ownership to get the discount.
  • We love this special shout-out from Mr. Buffett’s daughter regarding Borsheims:
At Borsheims, we will again have two shareholder-only events. The first will be a cocktail reception from 6 p.m. to 9 p.m. on Friday, May 5th. The second, the main gala, will be held on Sunday, May 7th, from 9 a.m. to 4 p.m. On Saturday, we will remain open until 6 p.m. Remember, the more you buy, the more you save (or so my daughter tells me when we visit the store)
We can’t wait for everyone to come see us, and we totally agree that the more you buy at Borsheims, the more you save! You can start your saving now by shopping online. We even have some of our 2017 Berkshire Hathaway gear ready to sell, including a whiskey set, a Montblanc pen with Warren’s signature, and dozens of other Berkshire Hathaway items.

Our Favorite Lines from Warren Buffett’s Annual Letter

Saturday, February 25th, 2017

Warren Buffett’s annual must-read letter to shareholders was released this weekend.

I consider it a mini-course in investing, with a strong side of humor – mentioning topics like colonoscopies, the Old Testament, and stockyards.

You can read it here.

But here are a few of my favorite Buffett-isms from this year’s missive. They’re all direct quotes from the letter:

 
  • Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold. When downpours of that sort occur, it’s imperative that we rush outdoors carrying washtubs, not teaspoons. And that we will do.
  • I’ll repeat what I’ve both said in the past and expect to say in future years: Babies born in America today are the luckiest crop in history.
  • My suggestion: Before even discussing repurchases, a CEO and his or her Board should stand, join hands and in unison declare, “What is smart at one price is stupid at another.”
  • If there were ever to be another Ajit and you could swap me for him, don’t hesitate. Make the trade!
  • As Charlie says, it’s great to have a manager with a 160 IQ – unless he thinks it’s 180.
  • We like to make hay while the sun sets, knowing that it will surely rise again.
  • When it comes to wind energy, Iowa is the Saudi Arabia of America.
  • In a couple of instances, I stumbled in assessing either the fidelity or ability of incumbent managers or ones I later put in place. I will commit more errors; you can count on that. Fortunately, Charlie – never bashful – is around to say “no” to my worst ideas.
  • Be aware, though, that it’s the growth of the Berkshire forest that counts. It would be foolish to focus over-intently on any single tree.
  • It is true that we own some stocks that I have no intention of selling for as far as the eye can see (and we’re talking 20/20 vision).
  • What is easy with millions, struggles with billions (sob!)

Warren Buffett’s Annual Letter Coming Saturday

Thursday, February 23rd, 2017

Clear your calendar. Block off your Saturday. Get your reading glasses cleaned and at-the-ready.

Saturday morning, our esteemed Chairman Warren Buffett is expected to release his annual letter to shareholders. It’s full of details on how Berkshire Hathaway is performing, a general outlook on the world, funny anecdotes and one-liners, and information about this year’s Berkshire Hathaway shareholders weekend.

In advance of the letter, Berkshire Hathaway already released a little news about the weekend, and it’s big news for our friends in Kansas City and Dallas.

For the first time, Nebraska Furniture Mart will offer the Berkshire Hathaway discounts at ALL their locations – not just the Omaha store.

The meeting will also be live streamed once again, allowing shareholders and non shareholders around the world to get a taste of the meeting.

But we all know that there is no substitute for being in Omaha and experiencing Berkshire Hathaway shareholders weekend firsthand. So book that trip and get ready. May 6th is approaching quickly.

Warren Buffett Helps Couple Get Engaged at Borsheims

Sunday, May 1st, 2016

Warren Buffett helped a couple get engaged at Borsheims during Berkshire Hathaway shareholders weekend. Borsheims is proud to share in the special moments in our customers’ lives – and feels even more privileged when Chairman and CEO Warren Buffett can make those moments extra special!

Michael Dentlinger, who works for a Berkshire Hathaway company in Omaha, wrote to Mr. Buffett asking for his help in proposing to his girlfriend, Rachel Gogan. Mr. Buffett agreed and, a few weeks after Mr. Dentlinger purchased the engagement ring from Borsheims, Mr. Buffett pulled the ring out of his pocket and Mr. Dentlinger dropped to his knee and proposed.

You can download photos of the proposal here.

The engagement happened at the tail end of Berkshire Hathaway shareholders weekend in Omaha. Thousands of shareholders visited Borsheims throughout the weekend, buying jewelry, watches, and gifts. They also watched as Mr. Buffett and Bill Gates played table tennis against Olympian Ariel Hsing and played bridge with bridge experts Bob Hamann and Sharon Osberg.

Borsheims is privileged to share in the special moments in our customers’ lives. We believe in treating this opportunity with the respect and importance it deserves. If you have any questions about Borsheims or the events at Borsheims during shareholder weekend, please contact:

Trisha Meuret: 402.658.0017, tmeuret1@gmail.com
Adrienne Fay: 402.391.0400, adriennefay@borsheims.com
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Sunday Funday at Borsheims

Sunday, May 1st, 2016

Sunday is such a fun day at Borsheims. It’s really my favorite day of Berkshire shareholders weekend. It’s a little more relaxed than the rest, and we have all these fun games happening in Regency Court – right outside of Borsheims.

Back by popular demand… my helpful hints to playing the games today:

 

BRIDGE Bridge is again upstairs this year on the second floor of Regency Court. Anyone is welcome to play as long as they know how to play bridge. It helps if you already have your foursome put together, but if you’re solo come upstairs and sign up and we’ll try to get a group together for you. Bridge usually begins at 1pm, but a few people have been known to start playing earlier. We will have the sign-up sheet ready at noon and if you definitely want a seat, that’s when you should arrive. The experts, Sharon Osberg and Bob Hamann usually arrive between noon and 1pm. In his letter to shareholders, Warren Buffett says he will play them and hopes to “have Ajit and Charlie there also.”

Ariel Hsing plays Warren Buffett and Bill Gates

Olympian Ariel Hsing plays Warren Buffett and Bill Gates in Table Tennis at the 2012 Shareholders Meeting

TABLE TENNIS Mr. Buffett asked Ariel Hsing, Olympic Table Tennis star, back to Borsheims for another shareholders weekend! We are expecting her to start playing around 1pm. Shareholders can form a queue to try their table tennis skills against the young champ. We will provide paddles and balls, but if you are partial to your own paddle, you are welcome to bring it. Ms. Hsing usually stays for a few hours and rarely gets beat, but you’re welcome to try! We expect Mr. Buffett and Bill Gates to lead off the play with her.

MAGICIAN Norman Beck is an excellent magician and will do tricks in front of (and to) any shareholder near where he’s performing. He is usually located near Williams Sonoma, so be camped out there if you’re hoping to catch his show.

Hope you can join us for the fun!