If you pay any attention to financial media, you should know that the Berkshire Hathaway annual meeting took place this past weekend. This is a shareholder meeting unlike any other. 'Circus' may be a better way to describe it. It is a 3 day event with a party, question and answer session, cookout, chess Grandmaster and even a 5K race. I've been a long time shareholder of … [Read more...] about My Weekend with Warren Buffett, Part 1
Good Role Models
The Tale of Bad Car Bill
One of my first real jobs in the world was working as a computer programmer at the fancy headquarters of a big US retailer in the late 90s. I was an employee, but worked with a team of consultants that the company had hired on to help with Y2K code remediation. These consultants, with their old skills were now tripling and quadrupling their pay as the demand to fix the old … [Read more...] about The Tale of Bad Car Bill
Net Worth of $160,000,000 and Working in Food Service
Those of you outside of Chicago may not be aware of the Pritzker family. They own the Hyatt hotel chain and are one of the richest families in the United States.The Chicago Tribune had a very interesting article about one of the Pritzker children some years ago. At the time of the article, Liesel Pritzker was a high school student who was worth $160,000,000. That is not a … [Read more...] about Net Worth of $160,000,000 and Working in Food Service
Thursday Rant: I want Smarties Cereal!
I was walking through the cereal aisle a while ago and happened to notice a box of Wheaties with Michael Phelps on the front and it got me thinking. In the US, we love our athletes. They are on all sorts of products and selling us stuff on TV. We buy expensive jerseys with their names on the back. We pay lots of money to see them perform. Kids aspire to be them. We … [Read more...] about Thursday Rant: I want Smarties Cereal!
Required Reading: Warren Buffett Wisdom in the Annual Letter
Warren Buffett's annual letter just came out on March 1st. Read it here.Disclosure: I own Berkshire Hathaway and have idolized Warren Buffett for years. Be prepared for a Warren Buffett lovefest. Also, if you want to go with Mrs. 1500 and I to see Buffett in the flesh in May, read on!What is the annual letter and why should you care? Warren Buffett is one of the … [Read more...] about Required Reading: Warren Buffett Wisdom in the Annual Letter