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Sunday, November 20, 2005





Mr. Warren Buffett



I have recently returned from my trip to Omaha.

Several ECU classmates and I went with Dr. Tibbs to meet with Mr. Buffett.

We had the opportunity to ask questions. The affable Mr. Buffett encouraged all types of questions and often made some funny jokes...which I will not repeat because....well...you had to be there.

He spoke about the growing trade imbalance and value investing. He remarked about the increasing threat of natural disasters from a warming Gulf of Mexico. He also was nice enough to have lunch with us at one of his favorite steak houses....Vegetarian meals available.

Beyond the jokes and amazing ability to refine profound questions into understandable and specific answers....He gave life advice that few people with money seem grounded enough to give. He is a man that loves people.

He spoke about socially responsible investing. He mentioned that he would not buy a whole company with questionable ethics (he regards owning a business as a way to achieve returns over time, rather than incessant trading). His core ideals are easily viewed and understood through the Berkshire Hathaway web site.

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