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Berkshire Hathaway

In 2007, Delta Trust & Bank partnered with the University of Arkansas at Little Rock’s College of Business to create the Berkshire Hathaway independent study program. Each year, three senior level economic or finance students are accepted into the program to study the investment style of Berkshire Hathaway Chairman and CEO, Warren Buffett.

These students also have internships at Delta Trust and are able to spend time with our management team and gain insight into the financial services of: trust administration, estate planning, portfolio management, financial planning, insurance, investments, trading, employee benefits, wealth transfer, and lending and credit analysis. Delta Trust has a Facebook page for past students to stay connected.

The program culminates with a trip to the Berkshire Hathaway Annual Meeting of Shareholders in Omaha, Nebraska. CEO French Hill hosts the students while in Omaha and has designed a weekend full of fun, learning and unique experiences. Students attend the Young Presidents’ Organization panel discussion and reception, Borsheims brunch and world-champion chess match and dine at all of Warren’s favorite restaurants.

The 2013 UALR/Delta Trust & Bank Berkshire Hathaway Independent Study students are:

Jessica James
Jessica is a senior majoring in Finance at the University of Arkansas at Little Rock.  She has maintained a 4.0 GPA throughout her time at UALR and plans to graduate in summer of 2013.  She joined Beta Gamma Sigma honor society in 2012 and has been on the Chancellor’s List every semester.  Jessica is active in her church and community by volunteering at the Dream Center through Newlife Church.  She currently works full time and attends school full time.  She is interested in general finance, but specifically wants to achieve a career in wealth management.  After graduation, she plans to pursue a career in Little Rock or Dallas.

David Snowden
David is pursuing a degree in Finance and plans to graduate in the spring of 2013. David has narrowed his interest to analysis, both corporate and investment.  In the corporate arena, David is grasping the key components of financial management that allow an operating company to maximize sales and control costs with a goal of generating a strong cash flow and returns on both equity and investment.  On the investment side, this core understanding translates to a broader analytical scope of industries, management and access to capital to generate competitive returns to the stakeholders.  David would like to begin his career in Little Rock but would entertain relocating.

James Rutherford
James is a junior at the University of Arkansas at Little Rock seeking a degree in Finance. He is a proven leader on campus. James is the Vice President of the UALR Finance and Economics Association and led a team of four students to participate in the Reynold’s Cup Business Plan competition. Off campus, James’ ambition earned him an internship with the notable commercial real estate firm, Doyle Rogers Company. There he gained experience real-world experience in project planning, finance, and real estate development. In both his academic and his business careers, James is highly motivated to become successful through hard work and perseverance.

This program is under the direction of Finance Professor Dr. Larry Holland. You can read about last year’s students and their Berkshire Hathaway experience here.

Pictured: Dr. Holland, Snowden, Rutherford, James and Hill

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By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor's accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.

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