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-   -   Berkshire Hathaway (http://www.orangemane.com/BB/showthread.php?t=110342)

Mogulseeker 03-07-2013 05:16 PM

Berkshire Hathaway
 
Finance guys (and gals) - I was wondering what you all thought of Berkshire Hathaway. I just had a second interview with them, and I think I might get an offer as an actuary.

It's Buffet's company and I hear great things, like it can totally propel a career. One of my grad school Profs. said when he was my age, "I would have cleaned Buffett's carpets for a living to get in with BHHC, and I'm only half-joking."

I'd have to move to Nebraska, which means I'd have to curb my ski habit, put my season tixs up on exchange, leave CU-Leeds and finish my MBA at.... ugh... the University of Nebraska.

Worth it?

03-07-2013 05:21 PM

Stock Options!

MrPeepers 03-07-2013 05:29 PM

congrats. i visited buffett on a class trip on 2006, i would suspect it would be a very long steady path to success. is it with berk, or geico, some other insurance co...?

Mogulseeker 03-07-2013 05:34 PM

Quote:

Originally Posted by MrPeepers (Post 3806911)
congrats. i visited buffett on a class trip on 2006, i would suspect it would be a very long steady path to success. is it with berk, or geico, some other insurance co...?

BHHC... Berkshire Hathaway has their own commercial insurance that is separate from Geico.

They also sell put insurance (strike option buyouts) on volatile stock securities - basically what made Buffet the richest man in the world.

Mogulseeker 03-07-2013 05:38 PM

I remember reading this article a while back... it's a lot of what Berkshire Hathaway does:

http://www.forbes.com/sites/baldwin/...l-put-options/

SonOfLe-loLang 03-07-2013 05:39 PM

Sounds like you wanna take it. So take it

Mogulseeker 03-07-2013 05:41 PM

Quote:

Originally Posted by SonOfLe-loLang (Post 3806917)
Sounds like you wanna take it. So take it

I don't want to live in Nebraska, lol.

Requiem 03-07-2013 05:41 PM

Lincoln is a good place. You would enjoy it there. U of N is a good school. You have plenty of time in life to hit the slopes. Hope you get it man!

crush17 03-07-2013 05:43 PM

Quote:

Originally Posted by MariusPontmercy (Post 3806918)
I don't want to live in Nebraska, lol.

Temporary.

I say do it if offered.

DBroncos4life 03-07-2013 05:53 PM

Quote:

Originally Posted by MariusPontmercy (Post 3806918)
I don't want to live in Nebraska, lol.

Stay out

Lestat 03-07-2013 05:58 PM

Quote:

Originally Posted by MariusPontmercy (Post 3806918)
I don't want to live in Nebraska, lol.

you don't want to work for one of the best run companies in the world because you'd have to move to Nebraska?

ant1999e 03-07-2013 06:23 PM

Quote:

Originally Posted by MariusPontmercy (Post 3806918)
I don't want to live in Nebraska, lol.

I lived in Nebraska for many years. Loved it.

LonghornBronco 03-07-2013 08:15 PM

Do it!!!

In 5 - 10 years companies will beat a path to your door. You'll have the pick of anywhere in the world to live.

Mogulseeker 03-07-2013 08:32 PM

Quote:

Originally Posted by ant1999e (Post 3806941)
I lived in Nebraska for many years. Loved it.

Is there any somewhat decent mogul skiing in relatively close proximity to Omaha?

ant1999e 03-07-2013 09:09 PM

Quote:

Originally Posted by MariusPontmercy (Post 3806973)
Is there any somewhat decent mogul skiing in relatively close proximity to Omaha?

I'm pretty sure there is a place in Iowa.

SoCalBronco 03-07-2013 09:41 PM

Quote:

Originally Posted by MariusPontmercy (Post 3806973)
Is there any somewhat decent mogul skiing in relatively close proximity to Omaha?

Who cares about skiing Smurf?

It's your career. Far more important....and you could getaway to Colorado maybe a weekend a month or whatever.

Plus I'm sure DB will gladly invite you to his Cornhusker tailgates at the stadium. Ok...maybe not.....but getting in with a great company is a great idea long term. Who know you may be able to transfer to other offices in the company a few years down the line. The professional student gig I'm sure is fun and you almost get laid frequently however I think when you get into a real actual gig that has great financial and resume potential you will end up enjoying that far more.

Jump on this job.

JMO

Kaylore 03-07-2013 10:14 PM

I agree with Socal. While there will be other offers, if you're seriously considering turning down a good job with a company you obviously feel good about because you want to ski, you need to grow up. Unless skiing is your life, in which case I would ask why you aren't pursuing a career that is ski related...

Chris 03-07-2013 10:16 PM

Quote:

Originally Posted by LonghornBronco (Post 3806972)
Do it!!!

In 5 - 10 years companies will beat a path to your door. You'll have the pick of anywhere in the world to live.

If your nuts still work

Chris 03-07-2013 10:17 PM

You know when you look back at it... ski patrol was not that good of a movie











I'll show myself out

DBroncos4life 03-07-2013 10:19 PM

You can sky in Honey Creek, IA which is 1 and 20 away from Lincoln. Sundown Mountain is 6 hours away from Lincoln. Seven Oak is 3 hours and 20 minutes away from Lincoln.

Those are the times if you are not attacked in your wagon by the savages that roam these lands.

ghwk 03-07-2013 11:19 PM

Welcome to adulthood! You'll be making these kinds of choices for the rest of your life. I agree with the others though, your career starts now and not many people get to start at a place like that.

R8R H8R 03-07-2013 11:32 PM

Quote:

Originally Posted by MariusPontmercy (Post 3806916)
I remember reading this article a while back... it's a lot of what Berkshire Hathaway does:

http://www.forbes.com/sites/baldwin/...l-put-options/

I have no idea what kind of company Berkshire is to work for, but as other have said, it would look great on your resume' to work for them.

True story: about thirty some-odd years ago in the early eighties I joined a local investment club w/ my dad to get into investing. I was in my early 20's and was always a good saver, but had never invested with risk until then.

On an educational day, the club leader was talking about good companies and started talking at length about Buffett and his company Berkshire Hathaway. It all sounded good until he mentioned that the price of the stock was about $2000 each! That is a lot of money now, think of what that price was over 30 yrs ago.

Well, back then, I didn't understand that the price of a stock has nothing to do with the fact on whether it is over-valued or not. All I saw is the $2000 price tag and it seemed outrageous to me.

And the thing is, I could have bought at least 5 shares with my savings, but didn't. Anyway, the stock closed at $155,210 a share today. Oh well, you live and learn. 8')

Take the job, don't be foolish because of a hobby.

03-08-2013 03:20 AM

Quote:

Originally Posted by R8R H8R (Post 3807008)
I have no idea what kind of company Berkshire is to work for, but as other have said, it would look great on your resume' to work for them.

True story: about thirty some-odd years ago in the early eighties I joined a local investment club w/ my dad to get into investing. I was in my early 20's and was always a good saver, but had never invested with risk until then.

On an educational day, the club leader was talking about good companies and started talking at length about Buffett and his company Berkshire Hathaway. It all sounded good until he mentioned that the price of the stock was about $2000 each! That is a lot of money now, think of what that price was over 30 yrs ago.

Well, back then, I didn't understand that the price of a stock has nothing to do with the fact on whether it is over-valued or not. All I saw is the $2000 price tag and it seemed outrageous to me.

And the thing is, I could have bought at least 5 shares with my savings, but didn't. Anyway, the stock closed at $155,210 a share today. Oh well, you live and learn. 8')

Take the job, don't be foolish because of a hobby.

Wow.... I would be sick!!

Chris 03-08-2013 06:54 AM

Look them up on glassdoor.com

TheElusiveKyleOrton 03-08-2013 07:19 AM

Quote:

Originally Posted by MariusPontmercy (Post 3806918)
I don't want to live in Nebraska, lol.

Nobody wants to live in Nebraska. But nothing in life is without compromise, and sometimes you've got to sacrifice a bit to get where you're going.

Plus, Lincoln is a pretty cool town, in spite of itself.


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