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Warren Buffett - 3 Buffett - 2 Warren - 2 Charlie Munger - 2 Karen Goracke - 1 Goracke - 1 — - 1 Warren Buffett's Berkshire Hathaway - 1
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Search resuls for: "Borsheims"


9 mentions found


☆ I work with Warren Buffett. He's probably the smartest person in the world — here's the best advice he's given me.
  + stars: | 2024-09-30 | by ( Ella Hopkins | ) www.businessinsider.com   time to read: +7 min
Karen Goracke is the CEO of the jewelry store Borsheims, a Berkshire Hathaway subsidiary. Goracke worked her way up from the store room, and Warren Buffett interviewed her for CEO. AdvertisementThis as-told-to essay is based on a transcribed conversation with Karen Goracke, CEO and President of Borsheims, about her career and working with Warren Buffett. I started working as a sales associate for Borsheims, a jewelry store in Omaha, in 1988 straight out of college. She had no idea Warren Buffett was standing next to her.
Persons: Karen Goracke, Goracke, Warren Buffett, Buffett, —, Warren Buffett's Berkshire Hathaway, Borsheims, Berkshire Hathaway, I'd, Warren Buffet, We're, I'm, Warren, It's, That's, I've Organizations: Berkshire Hathaway, Service, Borsheims, Las, Berkshire Locations: Omaha, Berkshire, Nebraska, Switzerland , New York, Las Vegas
☆ Bronze bust honoring the late Charlie Munger wowed crowd in Omaha at Berkshire meeting
  + stars: | 2024-05-11 | by ( Yun Li | ) www.cnbc.com   time to read: +1 min
OMAHA, Neb. — A 24-inch tall, bronze bust sculpture of the late Charlie Munger became a conversation piece for guests who lodged at the Omaha Marriott last weekend for the Berkshire Hathaway annual meeting. "I got back to the lobby and the hotel staff was like 'Doerthe came down twice to look for you,'" Yu Shu, the 39-year-old artist behind the sculpture, told CNBC in an interview. "Then they called Doerthe and she came down. I gave her a hug, and I told her 'nice to see you again' and she's like 'we've never met before.'"
Persons: Charlie Munger, Warren Buffett, — Munger's, Wendy, Doerthe Obert, Yu Shu, we've Organizations: Omaha Marriott, Berkshire Hathaway, CNBC Locations: OMAHA, Neb, Omaha, Berkshire
☆ After Munger's death, Berkshire succession comes into focus
  + stars: | 2023-11-29 | by ( Jonathan Stempel | ) www.reuters.com   time to read: +6 min
[1/4] Berkshire Hathaway Inc Vice Chairman Charles Munger speaks at the Daily Journal annual meeting in Los Angeles, U.S., February 15, 2017. Munger's death on Tuesday, five weeks shy of his 100th birthday, leaves Berkshire Vice Chairmen Greg Abel and Ajit Jain, who respectively oversee its non-insurance and insurance businesses, as the 93-year-old Buffett's top advisers and sounding boards. At the 2021 annual meeting, Jain was asked how he and Abel interact with each other. "You don’t need them to be as good as Buffett or Munger to make Berkshire a good company and arguably a great company." "It particularly doesn't feel like an annual meeting because my partner of 60 years, Charlie Munger, is not sitting up here," Buffett said.
Persons: Charles Munger, Lucy Nicholson, Berkshire, Charlie Munger, Warren Buffett, Buffett, Munger, Munger's, Greg Abel, Ajit Jain, Abel, Jain, Warren, Charlie, Bill Stone, Howard Buffett, Todd Combs, Ted Weschler, Bill Smead, Whitney Tilson, Munger didn't, Jonathan Stempel, Megan Davies, Paritosh Bansal, Stephen Coates Organizations: Berkshire Hathaway, Daily, REUTERS, Berkshire Hathaway's, Berkshire, BNSF, Investors, Glenview Trust, Berkshire Hathaway Energy, University of Alberta, PricewaterhouseCoopers, Energy, MidAmerican's, Apple, Smead Capital Management, Kase Capital, Thomson Locations: Los Angeles , U.S, Berkshire, Omaha , Nebraska, Munger, Glenview, Edmonton, Alberta, Indian, Odisha, Phoenix, Woodstock, Omaha, New York
☆ Warren Buffett's businesses are battling historic inflation, hefty interest rates, and tighter lending. 5 Berkshire Hathaway CEOs break down why they're thriving despite a brutal economic backdrop.
  + stars: | 2023-05-12 | by ( Theron Mohamed | ) www.businessinsider.com   time to read: +8 min
Warren Buffett's Berkshire Hathaway faces inflation, higher interest rates, and tighter credit. Its subsidiaries are also seeing signs that their customers, suppliers, and partners are being pinched by higher prices, steeper interest rates on their debts, and perhaps even reduced access to credit. "You just kind of have to take it," Egan said about some of the higher costs. Moreover, longstanding suppliers who refrained from passing on their higher costs to See's in 2021 have been forced to charge it more. The fast-food chain's franchisees face much higher costs for equipment, building materials, and construction work than they did a few years ago.
☆ The most important thing Warren Buffett said Saturday, and it isn't good news for the economy
  + stars: | 2023-05-08 | by ( Yun Li | ) www.cnbc.com   time to read: +3 min
Investors always look to Buffett for economic insights as his myriad of businesses are closely tied to broader spending and overall demand. If you couldn't sell them one thing, they would put another thing in their backlog," Buffett said. Still, Buffett thinks Berkshire is positioned well in terms of its investment income as higher interest rates are earning the conglomerate a substantial return. Berkshire has fared well so far despite a challenging macro environment with operating earnings jumping 12.6% in the first quarter. "Nothing is sure tomorrow, nothing is sure next year, and nothing is ever sure, either in markets or in business forecasts, or in anything else," Buffett said.
☆ Warren Buffett's Berkshire Hathaway just hosted its legendary annual investor weekend. Here's what to know.
  + stars: | 2023-05-08 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +4 min
Before we get to the news, we've got a dispatch from Theron — our in-house Warren Buffett expert — on the legendary conference. That's how Todd Finkle, the author of a new biography on Buffett, described the investor's yearly bash. There were also investment panels, cocktail parties, steak dinners, fun runs, and shopping events during the weekend. The stock market could become "untouchable" if the bank crisis keeps spiraling. Four of the world's top investors agree on the biggest risks that will cause the next recession.
☆ Factbox: Warren Buffett, Berkshire Hathaway at a glance
  + stars: | 2023-05-04 | by ( ) www.reuters.com   time to read: +8 min
[1/2] Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc's annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019. REUTERS/Scott Morgan/File PhotoMay 4 (Reuters) - Tens of thousands of people are descending on Omaha, Nebraska to attend the annual shareholder weekend for billionaire investor Warren Buffett's Berkshire Hathaway Inc (BRKa.N). Susan Buffett and Howard Buffett are Berkshire directors. His Berkshire stock will go to philanthropy after he dies. (Interview with CNBC, April 12, 2023)Abel on Berkshire managers' relationship with him: "It's not the same as working for Warren.
☆ Warren Buffett treasures Borsheims as one of his most-beloved businesses. CEO Karen Goracke offered a rare glimpse inside Berkshire Hathaway, and broke down how she's dealt with the pandemic and infla
  + stars: | 2022-12-24 | by ( Theron Mohamed | ) www.businessinsider.com   time to read: +4 min
Warren Buffett's Berkshire Hathaway has owned Borsheims, an Omaha jeweler, since 1989. Warren Buffett's Berkshire Hathaway acquired Borsheims, a single jewelry store in the investor's hometown of Omaha, in 1989. "What works with diapers works with diamonds," Buffett once quipped, comparing Borsheims' high-volume, low-cost model to Walmart's. Insider spoke to Borsheims CEO Karen Goracke on the store floor during Berkshire's annual-meeting weekend in April 2022. "That's the greatest thing about jewelry," Goracke said.
☆ Warren Buffett trolled Bill Gates by proposing he spend almost $400 million on an engagement ring
  + stars: | 2022-12-22 | by ( Theron Mohamed | ) www.businessinsider.com   time to read: +1 min
Warren Buffett helped Bill Gates pick out an engagement ring at Berkshire-owned Borsheims in 1993. Buffett spent 6% of his net worth on a ring in 1951, and told Gates he should do the same. Gates, worth around $6.2 billion in 1993, declined to shell out $370 million on a piece of jewelry. Buffett met them at the airport and escorted them to Borsheims, a jewelry business he bought four years earlier. Gates was worth around $6.2 billion in 1993, according to Forbes.
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