This year I was lucky enough to have been selected to represent Haas to have lunch with Warren Buffett. To be honest I am not an enthusiast when it comes to investing. Yes I have invested in several mutual funds, get pretty damn good grades on my finance classes and developed strategy for several investment banks and brokerage firms while I was at consulting, I am still not that into investing. So you might ask what's my motivation for paying around $400 USD to see Warren Buffett, my honest answer is vain...yes I think it's cool to tell people I had lunch with Warren Buffett ( even thought it was with other 50+ Haas students)
Before the trip the investing club held an info session on Warren Buffett to prep us for the trip. I've also done some research of my own to know about this legendary investor. Here are some highlights:
- With an estimated current net worth of around US$52 billion, he is ranked by Forbes as the second-richest person in the world, behind only Microsoft chairman Bill Gates
- After graduating from University of Nebraska at age 19, Buffett applied to Harvard Business School but was rejected. He later quotes "To tell you the truth, I was kind of snowed when I got rejected from Harvard."
- He believes in value investing. "If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes. "
No comments:
Post a Comment