Chinese University of Hong Kong – MBA Students Meet Warren Buffett
In interviews with South China Morning Post, six current MBA students shared their inspiring experiences and recounted their impressions of Warren Buffett and their takeaway messages from their face-to-face meeting with the legendary investor.
It is natural for MBA students to have role models in the business world whom they hope to emulate, and Warren Buffett certainly plays such a role for the 17 MBA students from The Chinese University of Hong Kong (CUHK) Business School who were invited to meet the legendary investment guru in his hometown.
Joining students from eight other non-Asian business schools, these students were the only representatives from an Asian university to have been selected to participate in the fact-finding visit to Omaha, Nebraska, the United States in late November and meet Buffett in person.
Allowed to put two questions, the CUHK group asked Buffett about his reluctance to invest in internet/e-commerce stocks such as Alibaba and what he learned from the worst business decision he ever made.
In reply, he said that he plans to spend a year studying Alibaba in detail and would be happy to answer the same question again 12 months hence. And while noting there were a lot of contenders for worst decision, he settled on a US$2,000 investment made in 1958 – at the time roughly 20 percent of his net worth – which went wrong. However, he was quick to point out that he rarely reflects on “what might have beens.”
In several interviews with South China Morning Post, current MBA students Claire Wang, Desmond Tse, Gaurav Bhatnagar, Marie Li, Sharad Golchha and Wendy Sihua Wang also shared their inspiring experiences as well as recounted their impressions of Buffett and their takeaway messages from the meeting and their company visits… Read More (PDF)
Source: South China Morning Post
Date published: 8 December, 2014