Thursday, May 6, 2010

Visit with the Sage of Omaha

This is a guest post from Travis Selmier, visiting clinical professor of finance and Investment Management Academy co-director.

Members of the Investment Management Academy and their fellow MBAs visited the Sage of Omaha, Warren Buffet, in early April. Mr Buffet was in rare form, offering wisdom on topics ranging from Coca-cola ("bathe in it, as long as you use it") to See Candy ("Mirror, mirror on the wall, how much should I raise the price this fall") to progressive taxes (he said he pays a riduculously small amount of income in taxes) to aging (wisdom is worth the price of aging). We all benefited from WB's quote of IBM founder Tom Watson Senior: "I'm no genius, but I'm smart in spots, and I saty in those spots".

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