Omaha Events 2013
2013 Value Investor Conference - Omaha - May 2 and 3, 2013
Early Registration Special Offer
Register before 4/29/2013 - Save $200 on your registration! For more information go to www.valueinvestorcoonference.com
2013 Fall Course — Three non-consecutive weekends of concentrated study, Fridays and Saturdays, Sept 13 - 14; Sept 27 - 28; and Oct 11 - 12, 2013. Register today, course has limited enrollment. Click here for complete information and registration from the University of Nebraska Omaha.
Omaha World Herald
PUBLISHED SUNDAY, NOVEMBER 18, 2012 AT 12:01 AM / UPDATED AT 5:58 PM
UNO students' thoughts on John Deere stock align with Buffett's
Did Warren Buffett listen to four University of Nebraska at Omaha students who recommended that he invest in John Deere & Co.?
But last week's disclosure of a Deere investment by Berkshire Hathaway Inc. shows the students had the right idea when they completed their final exam for adjunct instructor Robert Miles, who teaches an executive MBA class at UNO.
Gretter Ramirez, James Bowen, Chandrakanth Are and Vincent Wong wrote in their 20-page research paper that Deere would fit Berkshire's criteria — good earnings, a strong brand name, a “moat” to protect against competitors and growth prospects given the world demand for food.
They turned in the paper Oct. 13. Last week, Berkshire reported that it had purchased about $330 million worth of Deere shares sometime before Sept. 30.
“Bingo, they got it,” said Miles, who has written books about Buffett. “It made me feel good.”
The MBA students are a diverse group: Ramirez is a native of Cuba, Are a native of India and Bowen a native of Nebraska. Wong, from Seattle, took the class as a “lifelong learner.”
Miles said the students' correct reasoning about Deere shows that one can study Buffett's principles and past investments and come up with ideas that would fit into Berkshire's investment portfolio. The purchase likely was not by Buffett but rather by one of his two like-minded money managers, Ted Weschler or Todd Combs, who handle most “smaller” investments.
During the three semesters Miles has been teaching the Buffett-oriented class, students have made a couple of dozen such recommendations, and this is the first one to nearly coincide with an actual Berkshire investment.
Next Class: April 29 - May 1 http://cba.unomaha.edu/execmgmt/buffettgenius/
Some University of Nebraska at Omaha students recently heard an offer from Warren Buffett:
"If I gave you a billion dollars ..."
Of course, Buffett was making a hypothetical statement, illustrating how to know when a business has a "durable competitive advantage" over others in the same industry. If a competitor had a billion dollars, could it steal away your customers?
It was one lesson among many for the 32 students in a class titled "Genius of Warren Buffett," offered for the first time this fall at UNO's College of Business Administration. The final class session was a two-hour lunch and Q&A with Buffett at the Happy Hollow Country Club.
Offered through UNO's executive MBA program, the class covers not just Buffett's investing ideas but also his management methods, communications style, philanthropy, character and other aspects of his life. The instructor is Robert Miles, who has written several books about Buffett and Berkshire Hathaway Inc., the Omaha-based investment company Buffett heads.
The class is under the auspices of finance department Chairman David Volkman, who will grade the students' final papers later this month.
The billion-dollar "offer" came when Claire Kenkel's team outlined a potential acquisition target for Buffett: the Buckle, a Kearney-based casual clothing retail chain.
The company met many of Buffett's criteria for purchase: strong return on capital, a family run company, $135 million in annual revenue and a business plan that's difficult for competitors to copy, said Kenkel, who is international marketing manager for an Omaha health care diagnostics company.
Buffett responded that the team's analysis had hit all the right points, she said. "That was kind of an affirmation that at least we hadn't missed the mark entirely."
The billion-dollar comment also indicated that competitors would have difficulty taking over the Buckle's market, she said.
Buffett also pointed out the price-control advantage that some companies have. If Coca-Cola raises the price of each drink it sells by a penny, that's $17 million a day and more than $6 billion a year.
In all, the UNO students outlined nine companies for Buffett to consider for acquisition. But students kept their comments brief, Kenkel said. "We wanted to maximize the amount of time Warren was speaking. We were there to learn from him."
In return, the Berkshire CEO bought the lunch — burgers, fries and Cokes.
"I think he really enjoyed it, and the students really enjoyed seeing how his mind works," Miles said from his home in Sarasota, Fla.
Of the 32 students, 20 are working on MBAs and 12 are "lifelong learners" not earning college credit. Most were from the Omaha area, but some came from Texas, Missouri, California, Kansas and Illinois.
Published Omaha World Herald Sunday November 6, 2011 By
Spring Course Dates: April 29 - 30, May 1
Fall Course Dates: Sept. 13 and 14; Sept. 27 and 28; Oct. 11 and 12
Understand how Buffett created a world class board of directors. The course will include an in-depth study of his life, character, reputation and ethics. Analyze his mistakes while comprehending his valuation methods as many of his five decade long acquisitions are dissected. Learn how his vast fortune is thoughtfully distributed to those less fortunate. Final exam will include student presentations of businesses and stocks that they believe best fit into the Berkshire family of businesses....Click here to go to University of Nebraska - Omaha, College of Businees site for complete courese information: Spring 2013 Course on April 29 - 30, May 1, 2013 and Fall Course: Sept. 13 and 14; Sept. 27 and 28; Oct. 11 and 12
10th ANNUAL VALUE INVESTOR CONFERENCE - OMAHA
Dates:Thursday and Friday, May 2 - 3, 2013
EARLY REGISTRATION - Save over $400 - before 2/15/2013
For complete information including presenters and topics, click here: www.valueinvestorconference.com
Note: This conference is scheduled before the Berkshire Hathaway annual meeting weekend and will end so that shareholders may attend official Berkshire related events.
Conference Location: University of Nebraska
at Omaha, College of Business, Mammel Hall
6708 Pine Street Omaha, NE 68106 (on the corner of Pine and S. 67th St)
Map and Directions
Courtyard Omaha Aksarben Village (within walking distance of UNO CBA), 1625 S 67th Street, Omaha, Nebraska 68106. Phone: (402) 951-4300
Hawthorn Suites, a short distance from Mammel Hall, with apartment like long term stay accommodations is offering a $108 per night rate with a minimum 5 night stay. Contact 402-397-7500 and ask for the UNO rate.
Limited Seating: Conference registration is limited to 160 delegates to insure exclusivity and greater networking opportunities.
Registration Fee: Conference registration fee includes lunch. Register online and pay by credit card from most countries. Click here to go to registration page.
Or send check payable to Robert Miles, 4532 W. Kennedy Blvd. #225, Tampa, FL 33609-2042
A long-term Berkshire Hathaway shareholder sheds light on the billionaire investor's latest investments, with Robert Miles, "The Warren Buffett CEO" author.
INVEST FAIR 2011
Strategies That Work Well for Warren Buffett
By MICHELLE TAN
EMOTIONAL discipline, a good understanding of accounting, an insatiable thirst to read and patience are key traits that have made Warren Buffett one of the most successful investors in the world today, said Robert Miles, author and authority on Mr Buffett and Berkshire Hathaway, last weekend. ...read entire article!
SPECIAL OMAHA PRESENTATION
Location: The University of Nebraska at Omaha, College of Business, Mammel Hall
Date: Friday, April 29, 2011
This presentation has captured the imagination of audiences on five continents. Miles explores the unique combination of native brilliance and well developed character traits and habits that have enabled Warren Buffett to become the single wealthiest investor and one of the most admired chief executives in the world. ...read about entire presentation!
Author Robert Miles interviews several Warren Buffett CEOs before a live studio audience. Barnett Helzberg, retired CEO of Helzberg Diamonds, Stan Lipsey, publisher and CEO of the Buffalo News, Jim Issler, COO of H.H. Brown Shoe, Al Ueltschi, founder and chairman of FlightSafety International, Kevin Clayton, CEO of Clayton Homes and Bill Child, Chairman of R.C. Willey Home Furnishings each have been interviewed. Their shows are available on DVD. ..read more on this event!
Friday, 6 pm - 8 pm - If you are planning to attend the Berkshire Hathaway annual meeting, you may want to stop by Mammel Hall at the University of Nebraska at Omaha (UNO), on Friday evening, the night before Berkshire’s AGM. Complimentary ice cream is available from 6 - 8 pm. UNO Mammel Hall is located at 6708 Pine Street Omaha, NE 68106 on the corner of Pine and S. 67th St.
..read more on this event!