Wednesday September 28, 2011

Face Time with Warren Buffett

Twenty University of Dayton students will have the chance of a lifetime in October when they'll visit the "Oracle of Omaha."

If you could meet Warren Buffett and ask him one question, what would it be?

How about eight questions?

That's what 20 University of Dayton students from the Davis Center for Portfolio Management will do Friday, Oct. 21, when they'll meet and have lunch with the billionaire investor, tour some of his Omaha, Neb., operations, and participate in a question-and-answer session.

"This is a magnificent opportunity for Davis Center students," said John Rapp, department chair of economics and finance and director of the Davis Center. "It's very prestigious, and it will add a significant real-world dimension to what they study."

University of Dayton student Kelsey Stroble said the invitation came after Buffett was approached to speak at last year's R.I.S.E. XI Global Student Investment Forum.

Buffett's office declined the request but invited Davis Center students to come to Omaha for a session with Buffett.

"At first I didn't know it was real," said Stroble, a senior accounting and finance major.

Stroble said the students' excitement is building as the visit comes closer.

"This is someone who we see on television all the time," she said. "He's so prominent and what he says impacts people's decisions and influences the financial world."

The session with Buffett will include a two-hour question and answer session, lunch with him at Piccolo Pete’s restaurant (his treat) and a picture session. Eight universities, sending 20 students each, will participate. 

The students also will tour several of Buffett's Berkshire Hathaway, Inc. subsidiaries.

Buffett has placed very few restrictions on the sessions, Stroble said.

"Each school gets to ask eight questions, and he doesn't want to see the questions ahead of time," she said.

And each delegation must include at least seven women.

"That's not a problem, considering there are 14 women in the Davis Center this year," she said.

For interviews, contact Cilla Shindell at shindell@udayton.edu and 937-229-3257

For more information, contact Cilla Shindell, director of media relations, at 937-229-3257 or shindell@udayton.edu.