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Buffett Dishes Out Ice Cream At Geico

January 24, 2006

He's a renowned financier whose words of wisdom are savored by both budding investors and avid publishers keen to compile it all between two book covers. But is Warren Buffett, the second richest man on the globe, a good manager?

According to a local news report from Arizona, the billionaire investor recently took a trip to Tuscon to visit a Geico call center that had come up trumps in a company sales competition. Budding entrepreneurs listen closely, for as his reward he bestowed on all 500 employees, ice cream. Yes, Dairy Queen Dilly Bars were the sugar-coated reward of choice, and a nice tie up too. International Dairy Queen, along with Geico, is a subsidiary of Buffett's holding company, Berkshire Hathaway (nyse: BRKA - news - people ).

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