Clint Stone, MBA '08
Clint Stone, MBA 08

Saturday, February 2, 2008

A Chat with Warren Buffett


One of my most memorable experiences over the past year was meeting the one-and-only Warren Buffett. It was incredible. About 40 Johnson School students flew down to Omaha last spring to glean some insights from one of the world's greatest investors. We spent the morning in his Berkshire Hathaway offices where we had a chance to ask him just about any question we wished. Warren said the only topic that was off limits was what he was currently buying. He even encouraged us to pose "provocative" questions since he meets with students quite often and I'm sure he gets bored with giving the same old responses about how he evaluates a management team, what his thoughts are about the growth of hedge funds, and his experience with the LTCM crisis. (Even though those were most of the questions we asked.)

After a couple hours of drinking free Coke products and listening to some "Sage" advice, we zoomed over to Gorat's where Warren treated all of us to a steak lunch and some conversation. Then came the most surprising part of the trip. Once we finished our meal, Warren was gracious enough to spend another hour in the parking lot to take group pictures with our class and pictures with every student individually. I had already developed an admiration for Warren Buffett from reading his shareholder letters and other writings, but witnessing firsthand his humility, graciousness, and humor was an experience I won't forget.