Berkshire System Summit 2019 | Value Investor Conference | 2 May 2019 | University of Nebraska , 6001 Dodge St, Omaha, NE 68182, USA

Berkshire System Summit is an in-depth discussion on the unique culture, principles and methods used by Warren Buffett's conglomerate to become America's 2nd largest company (by sales) over 50 years. Coined by Vice Chairman Charlie Munger, 'the Berkshire System' was outlined by him in a 2015 shareholder letter in celebration of the company's 50th anniversary. To understand the system is to understand Berkshire Hathaway, one of the world's most admired companies. Often copied but never duplicated, these are some of the areas the Summit will explore:

Extraordinary Capital Allocation: Investing in pieces of companies through the stock market as well as wholly owned subsidiaries using value investment methods; Buying old economy industries; Purchasing with the intention to keep not trade; Focusing on durable competitive advantages; Centralizing capital and reallocating to highest and best use; Being paid (with float) to hold capital to invest
Unique Corporate Values Culture: Never losing a subsidiary CEO to a competitor; Gold standard of corporate governance; 370,000 employees with only 25 at headquarters; a system of deserved management trust; the buyer of choice; Fort Knox of capital when markets need it most; Employees are always in a position to do the right thing; Well defined management succession plan that is deep within the organization
Passionate and Talented Managers: A management team assembled over time that prefers work over retirement; Fair manager compensation; Berkshire CEOs selected based on merit not seniority; No retirement required and often discouraged.

2019 Speakers

Per Håkan Börjesson
Founder and CEO Spiltan

Tom Gayner
Co-CEO, Markel Corp

Beini Zhou
Portfolio Manager. Matthews Asia

Tom Russo
Partner and Portfolio Manager at Gardner Russo & Gardner

Yefei Lu
Author, Portfolio Manager, Shareholder Value Management

Robert Robotti
Founder and CIO - Robotti & Company Advisors LLC

Jennifer Oppold
Founder, Portfolio Manager; Alpine Peaks Capital

William Smead
Founder, CEO, CIO; Smead Capital Management

Charles Murphy
CFA, Portfolio Manager, Liberty Park Capital Management

Francisco García Paramés
Founder, Portfolio Manager, Cobas Asset Management

Florian Bartunek
Founder, CIO; Constellation Asset Mgmt

Chad Naylor
CEO, Naylor & Company

Elizabeth Collins
CFA, Head of Global Equity Research, Morningstar

Ross Glotzbach
CFA, CEO, Head of Research, Southeastern Asset Management

Ron Olson
Berkshire Board Member; Managing Partner, Munger Tolles & Olson

Nicole Friedman
Wall Street Journal Reporter

Don Wurster*
CEO, National Indemnity Company

Bob Batt
Executive VP (retired), Nebraska Furniture Mart

Tony Nicely
CEO, GEICO

Katherine Chiglinsky
Bloomberg News

Robert P. Miles
Host, Author, Executive in Residence - College of Business Administration, University of Nebraska Omaha

2019 Sponsor

• University of Nebraska at Omaha College of Business Administration