Applied Investment Management Program
AIM Students spend day with Warren Buffett
Q&A session, lunch at Buffett's favorite restaurant, tours of his businesses among highlights
On March 20, 2015, students from Marquette University’s Applied Investment Management program spent the day with Warren Buffett, legendary investor, business magnate, chairman and CEO of Berkshire Hathaway. AIM Director Dr. David Krause and alumnus David Martin (AIM ’09) escorted 20 undergraduate students to Omaha, Nebraska, to tour two Omaha-based Berkshire Hathaway companies—Borsheims and the Nebraska Furniture Mart. They also had lunch with Buffett at one of his favorite local eateries, Piccolo Pete’s Restaurant. The Marquette students were joined by students from five other schools (Wharton, US Naval Academy, Notre Dame, Ohio State and Boston College). They also attended a two hour question-and-answer session with Buffett at the Field Club of Omaha.
Buffett talked on a variety of finance topics and also discussed the importance of developing good habits early in one’s professional career. He offered valuable life lessons and emphasized the importance of being a lifelong learner. “The students enjoyed hearing about his basic philosophies and were impressed with his humility. This is sure to be a lifelong memorable experience,” says Dr. Krause.
AIM student Jack Sullivan found Buffett to be upbeat and optimistic. “While he is clearly a highly intelligent person, I was pleased to hear him speak positively about the future. His views about economics, business and society were insightful and offered an encouraging vision of the future. It was a notable day and one I’ll long remember.”
Krause concluded, “David Martin was responsible for arranging this opportunity and we are thankful for his continued involvement with the AIM and real estate programs at Marquette. He and Warren Buffett have developed a true friendship over the past several years and it was nice to hear David and Marquette receive a special shout out from Mr. Buffett. I was also delighted with our students—they were well prepared, asked excellent questions, and displayed genuine enthusiasm.”