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Warren Buffett To Turn Jewelry Salesman For One Day

For one day only, financial guru Warren Buffett will be taking on a new role, jewelry salesperson. The Berkshire Hathaway will be behind the counter at Borsheims in Omaha, Nebraska during Berkshire Hathaway Annual Shareholders' Weekend. You can buy your jewelry directly from Mr. Buffett on Sunday afternoon, May 1 at the Borhsheims store. Borsheims is a Berkshire Hathaway company. In a release, Borsheims President & CEO Susan Jacques said, "We are thrilled and flattered that Warren wants to come and sell at our store. I'm sure he'll be a record-setting salesman within a few minutes of being on the sales floor!" Given the fact that his charity lunches go for millions, I'm guessing there will be a line out the door.

As the video below explains, the Buffett family in Omaha goes back for generations explaining why, although he has the means to live anywhere in the world, Warren Buffett has always chosen to remain close to home. Buffett's success as one of the world's top financial minds has turned the annual shareholder's weekend for Berkshire Hathaway into a well-attended event bringing the world to Omaha each year. It has become the Super Bowl of shareholder meetings with major media and thousands of shareholders in attendance.

[via JCK Online]

Tags: berkshire hathaway, berkshire hathaway shareholders meeting, omaha, warren buffett

Narrow Exception in Works for Nebraska Cigar Bars

by Tom Johansmeyer (RSS feed) —

Filed under: Cigars

A split Legislature in Nebraska is struggling over whether to exempt cigar bars from a statewide smoking ban. The clock is ticking, as it takes effect on June 1. The measure, Legislative Bill 355, would limit smoking to half a dozen bars across the state – specifically, locations that have installed the appropriate humidors and air-handling equipment.

This is not a proposed repeal of the smoking ban. Instead, it's a small exception that would allow adults to consume a legal product ... and it would prevent several businesses from forced closure. In today's economic environment, common sense would dictate that the government doesn't need to put even more pressure on companies that are struggling to survive.

To qualify under the bill, a bar would have to show the State Liquor Control Commission that at least 15 percent of its revenue comes from the sale of tobacco. Few establishments would qualify, according to State Senator Scott Lautenbaugh. Any that tried to skew the results – e.g., by "selling cigars for $15 with a free steak dinner" – would prompt a movement to change the law.

Again, common sense suffers, as it would be tough for a "cigar bar" to stay open if it was giving away expensive meals.

[Photo by Steve Zak]

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Tags: cigar bar, cigar bars, CigarBar, CigarBars, humidor, humidors, lincoln nebraska, LincolnNebraska, lounge, lounges, nebraska, omaha, smoking, smoking ban, smoking bans, smoking laws, SmokingBan, smokingbans, SmokingLaws, tobacco

Omaha, Nebraska, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

Today's estate takes us to Omaha, Nebraska where mega homes have comparatively mini prices. Today's home is a lavish eight-bedroom home that aspires to French country style. It was built in 1972 so you can't exactly call it a McMansion although it has that feel. The home sits on over 3 acres and has over 19,000 square feet of space. The sprawling home has two pools, an outdoor and an indoor each with his and hers dressing rooms. There is also a two lane bowling alley, a recreation room with a granite wet bar and an exercise room. According to the listing the sellers are motivated and are including many personal items with the sale. It is listed at $2.095 million. After the jump, let's hope those personal items don't include the paintings.

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Tags: estate of the day, luxury real estate, nebraska, omaha, real estate

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