Buffett Entertains ND Crowd of More Than 3,000

Warren Buffett, world-renowned businessman and investor, talked to more than 3,200 members of the Notre Dame community in the Joyce Center in April about the characteristics he values in people and companies-and the day he served as a caddy for Tiger Woods and Tom Mendoza, donor to Notre Dame's Mendoza College of Business. The trio ended up golfing when Mendoza placed the highest bid on a game with Woods at a charity auction. When bidding became extremely high, Buffett offered his services to the package for fun.

In addition to telling stories of the famous golf game, Buffett took questions from audience members for more than an hour. He focused not on corporate investment strategy, but on the qualities he looks for in people. "I look for three things: brains, energy and integrity," said Buffett. "I don't think you can rate everybody on how classy they are from zero to 100, but you can spot the zeros and the 100s. Good people behave like you're taught to here at Notre Dame-like you're in the other person's shoes."

Buffett is chairman and chief executive officer of Berkshire Hathaway, Inc., a diversified investment company. Through his investment success, he has amassed a personal fortune of more than $34 billion.

(left to right): Grant Irons ('01), Warren Buffett