See You in Omaha, Again!

Traditions.  I write this word and I think of Tevye the milkman in Fiddler on the Roof saying (actually singing) it.  As you get older your life slowly starts turning into a series of “traditions.”  Over the years the beginning of May has turned into a wonderful tradition: the trip to Omaha to Buffett’s Berkshire…

Traditions.  I write this word and I think of Tevye the milkman in Fiddler on the Roof saying (actually singing) it.  As you get older your life slowly starts turning into a series of “traditions.”  Over the years the beginning of May has turned into a wonderful tradition: the trip to Omaha to Buffett’s Berkshire Hathaway annual meeting.  The annual meeting itself, though it is still therapeutic and educational, is not why I (and most people I know) go to Omaha.  In early May Omaha turns into a spring-break destination for value investors (not too many Senor Frog or Girls Gone Wild moments, though).

Here are few events you may find of interest if you are in Omaha:

Friday – May 3rd

12:30 pm – 2:45 pm: Cheap Talk, – Billy Blue’s Alumni Grill. We’ll have our 5th annual informal gathering where value investors get together and share ideas.  Everyone is welcome to come.  (Creighton University, Harper Center, 20th and Cass)

3 pm – 4:30 pm: Value Investing Panel V, Creighton University (located in the same building as Billy Blue’s; see above). This will be the the fourth time I have have had privilege of participating on this panel.  For an hour and a half we answer questions from students.  Last year I had a great time arguing with Bruce Greenwald, an insanely smart and articulate professor from Columbia, about the value of the discounted cash flow model. (I think it is a great tool in your toolbox; he had some reservations).  This free event is followed by free refreshments – a veritable value investor’s paradise.

 

Saturday – May 4th

4 pm – 7:30 pm: Young Presidents Organization, World Presidents Organization, and Entrepreneur Organization are putting together an investing panel.  I’ll be in the terrific company of Tom Gayner, CIO Of Markel Corporation; Tom Russo, famed value investor; and Tim Vick, author of How To Pick Stocks Like Warren Buffett.  I did this panel last year – loved it.  If you are a member of any of the above organizations, you can RSVP by email to  (the deadline was April 26th, but you may get lucky). Venue: Holland Performing Arts Center, 1200 Douglas Street.

 

Sunday

10 am: Markel annual gathering.  Markel is a very well-run insurance company.  I’ve been attending its meetings for the last couple of years, and they are very educational. (Hilton Omaha Hotel)

Related Articles

Inflation: Not Transitory Yet

Inflation Update: Not Transitory Yet!

Today we are experiencing a perfect storm of inflation. A perfect storm is formed by seemingly small factors. Each one on its own may not be particularly significant, but once combined they result in an event that significantly exceeds the sum of all parts. I provide an update on my previous two inflation articles, and the risks I see on the horizon in the next few quarters.
Is Tesla Theranos?

Is Tesla Theranos?

Tesla bears make the argument that Elon Musk is similar to Elizabeth Holmes, CEO of Theranos, who resorted to deception and fraud. What would happen to Tesla if something were to happen to him?
Elon Musk’s Notorious Promises: Why Tesla’s Future Success Might Not Be in His Hands

Elon Musk’s Notorious Promises: Why Tesla’s Future Success Might Not Be in His Hands

Elon Musk is an incredibly ambitious leader with seemingly impossible goals, who has changed the auto industry and accelerated human progress. His success is mostly dependent on the capital he can raise to finance his dreams, which is made possible by the faith people have in him and Tesla. However, it is difficult to tell which of his goals will turn into realities and when.
Autopilot: Musk’s Wishful Thinking or Tesla’s Greatest Advantage?

Autopilot: Musk’s Wishful Thinking or Tesla’s Greatest Advantage?

Autopilot has some useful features, but can be dangerous on roads with unclear lane markings. Is the autopilot Tesla's greatest advantage?

Leave a Comment