Word: omahas
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...lunch would go to the Glide Foundation, which helps the poor and homeless. Lunch with Buffett, we figured, would be a good way to give to charity, but it would also be the ultimate capitalist master class - a chance to see up close what makes the Sage of Omaha tick and to learn from his wisdom...
...scene but omitted a vital detail [May 26]. Yes, Benjamin Moore was selling teddy bears for $5, an item ordinarily promotional. But all proceeds from the toy and other items we sold went to Ronald McDonald House Charities (RMHC). In fact, we raised $10,000 at the Omaha meeting and have added that to our considerable ongoing annual support of RMHC. Denis Abrams, PRESIDENT & CEO Benjamin Moore & Co., MONTVALE...
...record 31,000 people from 50 countries made the pilgrimage to Omaha, Neb., this year, snapping up every hotel room within an hour's drive, all to spend three days in the orbit of the native son whose investing prowess has turned him into the world's richest man--and who has taken his shareholders along for the very lucrative ride. Attendees shopped at Berkshire-owned companies (Borsheim's Fine Jewelry, Nebraska Furniture Mart); ate where Buffett likes to eat (Gorat's Steak House); tried to beat him at bridge (they didn't); and spent five hours grilling...
...always been strong, but this year there seemed to be a special longing for the reassurance of his folksy charm. Amid turbulent economic times, Buffett's style of unemotionally buying solid businesses for the long term--forever, ideally--provided a beacon of stability for the investors who packed Omaha's Qwest Center arena, even as he talked about the subprime-mortgage meltdown and the schizophrenia of the credit markets. "Capitalism without failure is like Christianity without hell," he said calmly, framing the recent tumult not as nauseating but as necessary. "You read all these things" about the markets, says shareholder...
...constituency Obama has consistently won by large margins. Nebraska's caucuses are likely to be similar to those held Tuesday in North Dakota and Kansas - Republican-leaning states with small but dedicated Democratic bases that have gone for Obama. Obama also rallied a crowd of 10,000 in Omaha on Thursday, while the only attention the state is seeing from a Clinton was a visit at the same time by first daughter Chelsea. And in Washington State it's the wine-drinking upscale crowd that Obama appeals to, said Lance LeLoup, a Washington State University political science professor. "Washington...