LSU students get chance to quiz Buffett
Billionaire businessman, investor and philanthropist Warren Buffett recently hosted 20 students from L.S.U.'s E.J. Ourso College of Business for a two-hour question-and-answer session, company tour and lunch. The students, from the college's Department of Finance and Flores MBA Program, were among students from six universities nationwide who were selected to participate in the meeting and luncheon with Buffett at his corporate headquarters in Omaha, Neb. During the Q&A, Buffett spoke about a broad range of topics, including tax policy, advice for college students entering the workforce, the economic potential of BRIC countries, market arbitrage, competitive advantages of a business, and high-frequency trading. He also gave his opinion as to why the United States is the greatest country in the world. "He explained the success of America in a way I've never heard before," says Erika McManus, who will receive her MBA this spring. "He said, 'Really, if you look at what America has become, it's a miracle. We found this system that unlocks human potential.' That's huge. That's the takeaway message for me." —Stephanie Riegel
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