Omaha Royals

Role & Description

The minor league baseball team in Omaha, Nebraska. Warren Buffett purchased a 25% ownership stake in the team.

Evolutionary History

1993

• Capital Allocation Joke: Buffett often joked that his purchase of 25% of the minor league team was a "capital-allocation decision for which I will not become famous."
• First Pitch: Buffett threw out the first pitch at a game scheduled coinciding with the Berkshire shareholder meeting, joking about his terrible performance the year before (when he threw the ball directly at his foot).

💬 Direct quotes

• "...a baseball game at Rosenblatt Stadium between the Omaha Royals and the Nashville Sounds... As you may know, a few years ago I bought 25% of the Royals (a capital-allocation decision for which I will not become famous)" — 1993 Letter

---

1993 Letter