My Lunch With Warren Buffet - What a Cheap Guy…
April 2nd, 2008
I actually have not RECENTLY met Mr. Buffet, it has been about 3 years, I met him while still in college through a program. A few of us were hand chosen to fly out to Omaha and meet him.
He does a program every month where some students come to spend a day with him.
Overall the day was great, we started the morning with a round table session with him where we discussed the U.S. Economy and how he chooses his investments. By the way, he straight out says that the U.S. is in deep trouble with China - we need to stop borrowing money from them.
He was a bit amusing - he has that “old man” sense of humor, but it was refreshing.
For example, he owns about 8% of Coca-Cola so he INSISTED that we all at least hold one drink in our hands and open it. He said, for every 1 of 12 opened, he made money. It was funny out of his mouth.
A few interesting points though…
1. He did not seem to want to talk about his family/kids.
2. He drives an OLD beat-up car.
3. Still lives in his old house
4. Office is NOT impressive and he actually leases most of it out.
5. Most people in Omaha are NOT fans of him - they think he’s cheap too…
Why I was not only disappointed, but even OFFENDED…
First of all, we were all college students paying our own way (and that was hard enough). But, would you believe that for the 30 of us, we all had to PRE-pay our lunch, it was $8 a person. That is a total of $240 that he could not even cover for us?
We ate at his “favorite” restaurant and it sucked - the chicken was dry, pink and felt like it was cooked the night before.
The entire time he was showing us his wallet with over $3,000 in cash in there and a black card, yet he could not even pay our $8 lunch?
The man is a genius, but he is seriously too cheap for his own good, but it was an honor meeting him - definitely one of the most amazing experiences of my life.
Popularity: 28% [?]
Tags: cheap, warren buffet
