USD students learn business strategies from Buffett in tour of Nebraska businesses

USD students learn business strategies from Buffett in tour of Nebraska businesses
USD students learn business strategies from Buffett in tour of Nebraska businesses
The University of South Dakota (USD) Beacom School of Business recently took part in an annual, invitational event that allows students to visit Warren Buffett’s Berkshire Hathaway headquarters and interact with Buffett himself to learn about his business practices.
 
Along with students from Harvard, Stanford and Boston College, USD students began the day touring the Nebraska Furniture Mart, then moved on to a two-hour question-and-answer session at the Kiewit Building in Omaha.

Members of USD’s student-managed investment organization, Coyote Capital Management, were able to pick the billionaire’s mind for investment strategy tips. After lunch at Buffett’s favorite steakhouse, the tour moved on to Borsheims jewelry store and finished up at the La Vista Fulfillment Center for Oriental Trading Company.
 
The day allowed students from USD to learn about how some of Buffett’s long-running businesses have continued to grow and adapt to changing markets, including technology developments like electronic price tags and smartphone apps to help guide customers through stores.

Students were also exposed to retail strategies and technological business solutions on a large scale, with Borsheims offering millions of dollars worth of jewelry and Oriental Trading Company’s fulfillment center covering 750,000 square feet.