Read the following articles/excerpts:
- Buffett, W.E. (1995). Warren Buffett’s 1995 Letter to Berkshire Shareholders. Read the section “Acquisitions” including Helzberg’s Diamond Shops, R.C. Wiley Home Furnishings, GEICO Corp.
- Buffett, W.E. (2000). Acquisition criteria at Berkshire Hathaway.
Question for discussion: Comment on why acquisitions in many corporations struggles when Berkshire thrives.
Here is what we/I have decided for this project so far:Destination: FranceTheme of multi day package: Romantic Wine TourNumber of nights – 2 weeks (depends, but aim for 2 weeks)Can I please ask each of you to put your name next to what places you want to research?Fly into Paris (5 nights in Paris, including Versailles) —Lyon (3 nights) —Toulouse (2 night), Marseille (1 night) —fly out from Nice (4 nights) —For each day I will also ask you to keep note of the following information and please remember the theme of this article (Romantic Wine Tour):Day by Day ItineraryWhat’s includedWhat’s not includedPriceConditionsTransportation to next city (tip to whoever picks Paris, there is a train from Paris to Lyon. I think that would make this package more interesting)* everything should be for 2 people considering the theme of this package (example: double occupancy rates for hotel rooms)
Toulouse (2 night)Day 1 – museum 1, attraction 1Included: Museum entrance fee, hotel (you need to find hotel)Not included: foodPrice: breakdown of each activity and totalConditions: check for any notes on the attraction or pricesDay 2 – museum 2, other activitiesIncluded: Museum entrance fee, hotel, food (you need to find restaurant)Not included: nonePrice: breakdown of each activity and totalConditions: check for any notes on the attraction or pricesDay 3 – you get the ideaTransportation to MarseilleMarseille (1 night)Day 1 – blah blahTransportation to Nice
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