Teresa Lozano Long Institute of Latin American Studies
Teresa Lozano Long Institute of Latin American Studies

David C. Warner


ProfessorPh.D., Syracuse University

Wilbur J. Cohen Professor in Health and Social Policy, Lyndon B. Johnson School of Public Affairs

Contact

Interests


Economics; health policy; health finance

Courses


T C 357 • Investment Strategy

43425 • Fall 2014
Meets W 12:00PM-3:00PM CRD 007A

Warren Buffett and Bill Gates: How they got Rich and how they will give their money away

Course Number: TC 357                                                                                 Semester: Fall 2014

Instructor: David Warner, Wilbur J. Cohen Professor In Health and Social Policy, PHD, LBJ School of Public Affairs

 

Description:

This course will use the lives and writings of Warren Buffett and Bill Gates to examine the ways in which great wealth may be accumulated, the social role of business, and options in the field of philanthropy. The first four weeks will focus on “value investing” as opposed to current efficient market beliefs. Warren Buffett not only is generally thought to be the most successful investor of all time; but he is also seen by many as the most significant independent voice with regard to proper governance of the corporation.  Some of the issues we will examine will include:

  1. Whether corporation’s job is to maximize earnings or to serve many social goals
  2. Options for structuring philanthropy
  3. Ways of thinking about risk and uncertainty in investment and in life
  4. Executive compensation, Mr. Market, and the inheritance tax

We will also read biographies of Steve Jobs and Bill Gates to understand how they also were able to amass great wealth. We then will analyze the philanthropic initiatives of the Gates and other Buffett foundations and discuss their effectiveness and outcomes.

 

Texts/Readings:

Roger Lowenstein, Buffett: the Making of an American Capitalist

Buffett’s essays which are the first 20-30 pages of the Berkshire Hathaway annual report all on line at www.berkshirehathaway.com 

And a variety of other reading from Charles Munger’s  Poor Charlie’s Almanack,  Kilpatrick’s Of Permanent Value, and the Bill and Melinda Gates Foundation.

 

Assignments:

Two class exercises in which students prepare one side or another of a specific discussion for a particular class in which all will be involved – 30% (15% each)

Final Paper and class presentation – 40%

Class Participation - 30%

 

T C 357 • Investment Strategy

43485 • Fall 2013
Meets W 12:30PM-3:30PM CRD 007B

Full Title: Investment Strategy, The Social Role of Business and Effective Philanthropy: Lessons from Warren Buffett and Bill Gates

This course will use the lives and writings of Warren Buffett and Bill Gates to examine the ways in which great wealth may be accumulated, the social role of business, and options in the field of philanthropy. Warren Buffett not only is generally thought to be the most successful investor of all time; but he is also seen by many as the most significant independent voice with regard to proper governance of the corporation.  Some of the issues we will examine will include:

  1. Whether      corporation’s job is to maximize earnings or to serve many social goals
  2. Options      for structuring philanthropy
  3. Ways of      thinking about risk and uncertainty in investment and in life
  4. Executive      compensation, Mr. Market, and the inheritance tax

Texts/Readings:

Roger Lowenstein, Buffett: the Making of an American Capitalist

Buffett’s essays which are the first 20-30 pages of the Berkshire Hathaway annual report all on line at www.berkshirehathaway.com 

And a variety of other reading from Charles Munger’s  Poor Charlie’s Almanack,

Kilpatrick’s OF Permanaent Value and the Bill and Melinda Gates Foundation.

Assignments:

Two class exercises in which students prepare one side or another of a specific discussion for a particular class in which all will be involved – 30% (15% each)

Final Paper and class presentation – 40%

Class Participation - 30%

About the Professor:

David C. Warner's major teaching and research interests are in economics, health policy, and health finance. A graduate of Princeton University and Syracuse University (Ph.D. in economics), he formerly taught at Wayne State University and Yale University and was Deputy Director of the Office of Program Analysis of the New York City Health and Hospitals Corporation.

Professor Warner has served as a consultant to a number of organizations in the health sector, and for six years was a member of the Board of Directors of Austin's Brackenridge Municipal Hospital. In addition, he was Chairman of the Texas Diabetes Council from January 1985 to December 1989. He has also served on several editorial and advisory boards and been appointed to other state level advisory committees.

At the LBJ School, Professor Warner has directed policy research projects on a variety of health and mental health topics. Among his publications are Toward New Human Rights, more than forty articles and book chapters, and sixteen books, monographs, and policy research project reports. He is currently working on projects related to improving health insurance coverage, the integration of the U.S. and Mexican health care systems, diabetes policy, public health funding, and U.S.-Mexico border health.

T C 357 • Investment Strategy

43005 • Fall 2012
Meets W 2:00PM-5:00PM CRD 007B

Full Title: Investment Strategy, The Social Role of Business and Effective Philanthropy: Lessons from Warren Buffett and Bill Gates

This course will use the lives and writings of Warren Buffett and Bill Gates to examine the ways in which great wealth may be accumulated, the social role of business, and options in the field of philanthropy. Warren Buffett not only is generally thought to be the most successful investor of all time; but he is also seen by many as the most significant independent voice with regard to proper governance of the corporation.  Some of the issues we will examine will include:

  1. Whether corporation’s job is to maximize earnings or to serve many social goals
  2. Options for structuring philanthropy
  3. Ways of thinking about risk and uncertainty in investment and in life
  4. Executive compensation, Mr. Market, and the inheritance tax

Texts/Readings:

Roger Lowenstein, Buffett: the Making of an American Capitalist

Buffett’s essays which are the first 20-30 pages of the Berkshire Hathaway annual report all on line at www.berkshirehathaway.com 

And a variety of other reading from Charles Munger’s  Poor Charlie’s Almanack,

Kilpatrick’s OF Permanaent Value and the Bill and Melinda Gates Foundation.

Assignments:

Two class exercises in which students prepare one side or another of a specific discussion for a particular class in which all will be involved – 30% (15% each)

Final Paper and class presentation – 40%

Class Participation - 30%

About the Professor:

David C. Warner's major teaching and research interests are in economics, health policy, and health finance. A graduate of Princeton University and Syracuse University (Ph.D. in economics), he formerly taught at Wayne State University and Yale University and was Deputy Director of the Office of Program Analysis of the New York City Health and Hospitals Corporation.

Professor Warner has served as a consultant to a number of organizations in the health sector, and for six years was a member of the Board of Directors of Austin's Brackenridge Municipal Hospital. In addition, he was Chairman of the Texas Diabetes Council from January 1985 to December 1989. He has also served on several editorial and advisory boards and been appointed to other state level advisory committees.

At the LBJ School, Professor Warner has directed policy research projects on a variety of health and mental health topics. Among his publications are Toward New Human Rights, more than forty articles and book chapters, and sixteen books, monographs, and policy research project reports. He is currently working on projects related to improving health insurance coverage, the integration of the U.S. and Mexican health care systems, diabetes policy, public health funding, and U.S.-Mexico border health.

LAS 381 • Border Health Policy

40292 • Fall 2010
Meets T 6:00PM-9:00PM
(also listed as P A 388D)
Course Overview

Topics for these policy seminars have included environmental and natural resources policy, health-service delivery policy, transportation policy, science policy, regulatory policy, international affairs, national security, labor and human relations policy, social welfare policy, urban and regional growth policy, intergovernmental relations, and public sector ethics and values.

Section Description

This is a collaborative course between the LBJ School of Public Affairs and The University of Texas School of Public Health.   Lectures will be offered via interactive television from   the  Austin, and El Paso Regional campus of the School of Public Health. There may be participants in Houston as well. Instructors will be Nuria Homedes who is a professor at the UT School of Public Health campus in El Paso and David Warner who is a professor at the LBJ School of Public Affairs at UT Austin.

Objectives:
This course examines the history of US-Mexico relations and health policy with an emphasis on issues on the border. Specific issues include  the control of transmissible diseases across an international border, such as tuberculosis, HIV-AIDS, and rabies; health conditions specific to the region; opportunities and constraints in the organization of health services and access to health care; environmental problems and sanitation initiatives; contrasting perceptions of health priorities by Mexican and US decision-makers; and the impact of NAFTA on health.  We will also explore the experiences of different bi-national initiatives and national programs aimed at enhancing the health status of border populations.  An emerging theme will be Mexican and US separate attempts to guarantee coverage for health services on a national level and issues related to an undocumented or recently immigrated population that is uncovered in either system. 

T C 357 • Investment Strategy

42845 • Fall 2010
Meets T 2:00PM-5:00PM CRD 007B

Description:

This course will use the lives and writings of Warren Buffett and Bill Gates to examine the ways in which great wealth may be accumulated, the social role of business, and options in the field of philanthropy. Warren Buffett not only is generally thought to be the most successful investor of all time; but he is also seen by many as the most significant independent voice with regard to proper governance of the corporation.  Some of the issues we will examine will include:

  1. Whether corporation’s job is to maximize earnings or to serve many social goals
  2. Options for structuring philanthropy
  3. Ways of thinking about risk and uncertainty in investment and in life
  4. Executive compensation, Mr. Market, and the inheritance tax

 

Texts/Readings:

Roger Lowenstein, Buffett: the Making of an American Capitalist

Buffett’s essays which are the first 20-30 pages of the Berkshire Hathaway annual report all on line at www.berkshirehathaway.com 

And a variety of other reading from Charles Munger’s  Poor Charlie’s Almanack,

Kilpatrick’s OF Permanaent Value and the Bill and Melinda Gates Foundation.

 

Assignments:

Two class exercises in which students prepare one side or another of a specific discussion for a particular class in which all will be involved – 30% (15% each)

Final Paper and class presentation – 40%

Class Participation - 30%

 

About the Professor:

David C. Warner's major teaching and research interests are in economics, health policy, and health finance. A graduate of Princeton University and Syracuse University (Ph.D. in economics), he formerly taught at Wayne State University and Yale University and was Deputy Director of the Office of Program Analysis of the New York City Health and Hospitals Corporation.

Professor Warner has served as a consultant to a number of organizations in the health sector, and for six years was a member of the Board of Directors of Austin's Brackenridge Municipal Hospital. In addition, he was Chairman of the Texas Diabetes Council from January 1985 to December 1989. He has also served on several editorial and advisory boards and been appointed to other state level advisory committees.

At the LBJ School, Professor Warner has directed policy research projects on a variety of health and mental health topics. Among his publications are Toward New Human Rights, more than forty articles and book chapters, and sixteen books, monographs, and policy research project reports. He is currently working on projects related to improving health insurance coverage, the integration of the U.S. and Mexican health care systems, diabetes policy, public health funding, and U.S.-Mexico border health.

LAS 398R • Master's Report

36835 • Spring 2004

Preparation of a report to fulfill the requirement for the master's degree under the report option.

Prerequisite: Graduate standing in Latin American studies and consent of the supervising professor and the graduate adviser.

Offered on the credit/no credit basis only. Restricted enrollment; contact the department for permission to register for this class.

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  • Teresa Lozano Long Institute of Latin American Studies

    University of Texas at Austin
    SRH 1.310
    2300 Red River Street D0800
    Austin, Texas 78712