Berkshire Hathaway To Have Some Fun With Mexican Warren Buffett

Berkshire Hathaway B shares Warren BuffettBy Mark Hirschey (Work of Mark Hirschey) [CC BY-SA 2.0], via Wikimedia Commons

Buffett’s “fiesta duck” will feature the billionaire sporting a sombrero, colorful pancho as well as brandishing a maraca while Munger will not be boasting a musical instrument but will have him replete in the roughly same getup as his boss. Cinco de Mayo, which falls on May 5th each year, commemorates the Mexican victory over the French in the 1862 battle of Puebla, Mexico. It has long been a symbol of Mexican unity and togetherness.

Berkshire Hathaway annual meeting

The annual meeting on May 3 will be held at the CenturyLink Center in Omaha, Nebraska which is, of course, the same city that Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) calls home. Last year, Berkshire’s Oriental Trading sold rubber ducks of the two men in considerably more formal attire with the two sporting business suits. The “fiesta ducks” will sell for $5 and are certain to raise eyebrows at your next dinner party if properly displayed.

“Investing in FUN is always a grande slam,” Oriental’s ad says, mixing Spanish with English. “Celebrate your earnings and Cinco de Mayo with Oriental Trading! Stop by our booth in the CenturyLink Center and be one of the first to score our limited edition Warren and Charlie ducks.”

What is Oriental Trading?

Oriental Trading sells teacher supplies, crafts, wedding items and decorations for most holidays through its website and direct mail. The company was acquired by Berkshire Hathaway just shy of two years ago in a deal valued around $500 million according to a source that was privy to the negotiations.

Each year, tens of thousands flock to Omaha to hear Buffett and Munger wax intellectual on the economy, business, and investing. The company’s subsidiaries like Fruit of the Loom and See’s Candies have often been enlistees to provide souvenirs and small bites to those in attendance. In addition to turning a nice profit, the souvenirs are made to remind investors that the $300 billion holding company knows how to have fun and build brand awareness for Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B)’s subsidiaries.

via: BW



About the Author

Brendan Byrne
While studying economics, Brendan found himself comfortably falling down the rabbit hole of restaurant work, ultimately opening a consulting business and working as a private wine buyer. On a whim, he moved to China, and in his first week following a triumphant pub quiz victory, he found himself bleeding on the floor based on his arrogance. The same man who put him there offered him a job lecturing for the University of Wales in various sister universities throughout the Middle Kingdom. While primarily lecturing in descriptive and comparative statistics, Brendan simultaneously earned an Msc in Banking and International Finance from the University of Wales-Bangor. He's presently doing something he hates, respecting French people. Well, two, his wife and her mother in the lovely town of Antigua, Guatemala. To contact Brendan or give him an exclusive, please contact him at theflask@gmail.com