Friday, January 18, 2008

Go time -- the most exciting day of 2008!

Today (Friday, January 19th) has been the most exciting day of 2008, and that says a lot considering that I rang in the new year at a beach party in Haad Rin, Thailand. Anyway, today our MBA class was presented with the opportunity to spend a private day with Warren Buffett. Our 'Value Investing' professor, George Athanassakos, offered us this chance as part of his course, which he will be conducting in the Spring months. Needless to say, this provided me with the most intense surge of adrenaline felt in a classroom, probably ever. And Ivey's a great school, don't get me wrong.

Anyway, this blog will be about my next two months leading up to March 31st, 2008 -- the day on which myself and a group of about 55 MBA and 55 HBA students from Ivey will travel from the University of Western Ontario in London, Canada to visit Mr. Warren Buffett, the Oracle of Omaha, at the Berkshire Hathaway headquarters in Nebraska. I have taken the opportunity to help organize the trip for our lucky lot of us. As a holder of a modest 4 BRK.B shares, an amateur value investor, and the owner of a Berkshire Hathaway Edition of the Monopoly board game, the opportunity to spend a day in Omaha and with Mr. Buffett himself is invaluable.

I can't promise that this first and only blog of mine will be riveting, but I'm going to try and share all of the important aspects of preparing for an opportunity such as this, ranging from logistical information, to my readings and learnings, to some of the stocks that I might study, and maybe even about some of the things that will surely fall by the wayside in my life as this takes everything over.

So, today I digested 79 requests to attend the all-day event. Some people are going to be mad about not being able to go, but the beauty of a FIFO system is that I don't have to get emotional about enforcing the cap. And still, the opportunity is only open to those who register to take Professor Athanassakos' 'Value Investing' course. I also got in touch with my travel agent to ask about group rates for flights from Detroit, which were quoted as being quite affordable actually, versus chartering a private plane for the day.

Sitting here at 2:30 AM and reflecting on the day, I know I have a lot of old-fashioned hard work ahead of me, but I also know that I've been waiting for an opportunity like this for years, which is why I jumped at the chance to help out...

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