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Archive for the ‘Warren Buffett’

Columbia Business School: Greenwald and Buffett

November 11, 2009 By: webmaster Category: Bruce Greenwald, Columbia Business School, Warren Buffett

News from Columbia Business School:

…tomorrow Columbia Business School will host businessmen and philanthropists Warren Buffett, MS ’51, and Bill Gates as part of our practice of bringing influential business leaders to campus to share their insights. The event promises to be lively, with students able to ask questions on these icons’ ventures, philosophies and views on business. The exchange will be filmed by CNBC for global broadcast under the title “Warren Buffett and Bill Gates: Keeping America Great.”  In the United States it will air on Thursday, November 12 at 9 p.m. ET; in Asia on November 13 at 1200 SIN/HK; and in Europe on November 15 at 13.00 CET.

Be sure to tune in!


Next, I added two articles under Professor Bruce Greenwald.  The first article is a recent interview from Advisor Perspectives titled “Bruce Greenwald on Structural Problems in the Economy and Unemployment.” The second is an older article from Columbia Business School Alumni Magazine, Hermes,  titled “The Good Life:  How Managers Made the Modern World.”

If You Could Have Lunch With Anyone…

June 26, 2009 By: webmaster Category: Guy Spier, Mohnish Pabrai, Warren Buffett

This past Wednesday, hedge fund manager Zhao Danyang dined at Smith and Wollensky’s in Manhattan with Warren Buffett.  Danyang paid $2.1 million for the opportunity to have lunch with his hero, over 3x more than it cost the 2007 winners.  Proceeds from the lunch go to benefit the Glide Foundation.

This time last year two of my mentors, Guy Spier of Aquamarine Fund and Mohnish Pabrai of Pabrai Funds, along with their wives and Mohnish’s two daughters, sat down for lunch with Mr. Buffett.   Below are two great interviews where each investor reflects on the time they spent with Warren.  I find it interesting that their memories have little to do with investing, and instead focus on ‘general lessons for life’.

“That’s One Expensive Buffett” – an American Public Media audio interview with Mohnish Pabrai.  (thanks S.F. and NoiseFree Investing)

Betty Liu of Bloomberg Television interviews Guy Spier outside Smith and Wollensky.

For more on Guy and Mohnish’s experience see the article Guy wrote last year for Time Magazine: “My $650,100 Lunch with Warren Buffett”.

(For more on Mohnish Pabrai see my interview with Mr. Pabrai when I was a student at Columbia Business School.)

2009 Berkshire Hathaway Annual Meeting

May 03, 2009 By: webmaster Category: Warren Buffett

To say that there is a plethora of information posted to the web each year about the Berkshire Hathaway Annual Meeting is a major understatement.  This year is no exception.  Luckily, each year George from Fat Pitch Financials posts the “Ultimate Berkshire Hathaway Annual Meeting Guide.” In the past, I have found that he has done an outstanding job of accumulating the most detailed, interesting, and useful articles/information about the weekend that has become known as the “Woodstock for Capitalists.”

Click here for the “Ultimate 2009 Berkshire Hathaway Annual Meeting Guide”. A big thank you to George for compiling the annual list.  Be sure to check back frequently as additional resources are added for some time after the meeting.

Greenwald and Gabelli Comment on Buffett’s Annual Letter

March 15, 2009 By: webmaster Category: Bruce Greenwald, Mario Gabelli, Warren Buffett

Professor Bruce Greenwald and Mario Gabelli comment on Warren Buffett’s Annual Berkshire Hathaway Shareholder Letter.


A Great Time to Be A Value Investor

November 14, 2008 By: webmaster Category: Bruce Greenwald, Charles De Vaulx, Personal Comments, Warren Buffett

Over the past few weeks, more than a few successful long-term investors have claimed that the stock market contains some of the best values they have seen in their careers. Among these SuperInvestors are Warren Buffett, Marty Whitman, Jean-Marie Eveillard, Bruce Berkowitz, and Bill Ackman to name just a few. Two quick thoughts:

First, I love to see stories like this one from Doug Kass. It seems to me that people beginning to wonder whether Warren Buffett has ‘lost his groove’ is a strong indicator that we are in the midst of a serious dislocation in the market. The last time I remember seeing such stories was in the late 1990’s during the internet bubble. I guess we won’t know whether Buffett has lost his touch until 5 or 10 years from now. However, Warren Buffett’s ability to sit back and filter out this noise is, in my opinion, one of his greatest attributes.

Second, if there are so many undervalued businesses out there, what should we be looking for? Professor Bruce Greenwald provides some insight to this question in his interview with US News and World Reports.  A great read from my favorite professor.