Great Notes: Warren Buffett’s Meeting with UMD MBA Students

Warren Buffett’s meeting with University of Maryland MBA Students (Notes taken by Professor David Kass, Department of Finance, Robert H. Smith School of Business, University of Maryland and Rahul Shah, MBA student)

Warren Buffett (WB) met with 20 MBA students from each of eight universities, including the University of Maryland, on November 15, 2013.  The MBA students asked 16 questions in the following order:

(1) Has Berkshire Hathaway (BRK) lowered its hurdle rate as it grew larger?

WB: BRK does not have a hurdle rate.  The added capital makes it harder to achieve superior returns.  If I manage $1 million I will get better returns than managing $210 billion (BRK’s net worth).  Size is the enemy of performance.  I would still rather manage $210 billion than $1 million.

By David Kass

For exclusive info on hedge funds and the latest news from value investing world at only a few dollars a month check out ValueWalk Premium right here.

Multiple people interested? Check out our new corporate plan right here (We are currently offering a major discount)






About the Author

Sheeraz Raza
Sheeraz is our COO (Chief - Operations), his primary duty is curating and editing of ValueWalk. He is main reason behind the rapid growth of the business. Sheeraz previously ran a taxation firm. He is an expert in technology, he has over 5.5 years of design, development and roll-out experience for SEO and SEM. - Email: sraza(at)valuewalk.com

Be the first to comment on "Great Notes: Warren Buffett’s Meeting with UMD MBA Students"

Leave a comment