Omaha Famous #31

Local music, food, and people, you should know


Warren BuffettThe Oracle of Omaha

Warren Buffett is an American business magnate, investor, speaker, philanthropist and serves as the chairman and CEO of Berkshire Hathaway. He is generally considered the greatest investor in the world, and has a net worth of $82 billion. And gosh darn it, he’s Omaha’s own and that’s pretty cool too. 

What has always struck me about Warren is that he is someone who loves making money, but never spending money. As an investor, he never fully owns his companies per se, and so is less focused on an individual product/service solving some pressing problem that he feels passionately about, but about how that product or service interacts within the market. He just likes to watch those numbers go up. The interaction between a business, it’s managers, it’s value, the market, and it’s customers, and how all those pieces evolve over time, and how the value of that business goes up and down accordingly – Warren loves that process. And I can dig that. 

I mean, imagine having $80 billion dollars, and NOT spending any of that for your own personal comfort and luxury. I am no saint clearly, and I enjoy some of the finer things in life, and with $80 billion I think I would lose control. I’d go way off the deep end and look something like Dumb and Dumber at a luxury hotel in Aspen. I have no doubt. My friends, and family would disown me, I’d gain 900 lbs, and I’d live out the rest of my days like Citizen Kane. And in my dying breath I’d whisper, “Rose guy” and no one would know what it means (except for readers of this blog). 

So for a guy like Warren to remain so humble, focused, and to stick to his core values from day one: I respect that. Omaha should be so proud of its Oracle, and yet, in speaking with some of the townsfolk here I have not always gotten that impression. I have heard some say he has not done enough for Nebraska, to which I would reply, what would you do for Nebraska with $80 billion? The man is literally donating his entire wealth to the WORLD via charity, and Omaha, Nebraska, whether we like it or not, is a part of the world. So be gone haters, and let Warren live his best life and be proud of this great, humble genius.