For those of us who are interested in everything Buffett utters and does, the following article from omaha.com might be highly relevant.
Excerpt:
Excerpt:
Those hundreds of hours of discussions with thousands of college students may pay off for Warren Buffett in a big way.
The most direct dividend may be a 44-year-old Californian who is a possible candidate to make investment decisions for Berkshire Hathaway Inc. after Chairman and CEO Buffett.
Li Lu was in the audience in 1993 when Buffett talked to about 80 Columbia University graduate students in New York for a class on value investing taught by Bruce Greenwald. Buffett answered questions for more than two hours, explaining his investment methods and ways of thinking about money.
Buffett still speaks regularly to business students, saying he believes his ideas can influence how they think about the business world, among other benefits.
About 15 years later, there’s Lu himself, in a video posted by DailyMarkets.com, as guest speaker in Greenwald’s class. The professor, introducing Lu, praised his mastery of the rigors of value investing: learning about companies and industries; calculating their value; and making good decisions.
Read the complete article.
