Earlier this month in his annual letter to shareholders, Buffett offered some advice to Berkshire investors who would be coming to Omaha for the company's well-attended annual general meeting.
"Those people on a tight budget should check the Airbnb website," Buffett wrote in his letter.
Omaha, with a population of less than half a million, sees its numbers swell in early May as hotel rooms are booked solid for Berkshire Hathaway's annual meeting, affectionately known as "Woodstock for capitalists."
The famously frugal Buffett moved into the home with his family in 1936, and he currently still lives in Omaha.
In his letter, Buffett urged any investors looking for accommodation for the three-day party to seek out the services of Airbnb, which connects empty rooms with tenants looking to rent them on a short-term basis.
On Tuesday, a posting to rent a bedroom in Buffett's childhood home went up on Airbnb.
The accommodation in a house on North 53rd St. in downtown Omaha would no doubt fetch thousands of dollars were it open to an auction among eager Buffett fans, but it's actually a contest, so the price of a three-night stay is listed as $0.
The free stay will be granted to a current Berkshire shareholder who is at least 21 years old and can best answer the following questions in a 200-word essay:- What are you most excited to experience in Omaha?
- What are you most looking forward to at the Berkshire Hathaway shareholders meeting?
- What’s your favorite Airbnb experience?
- What’s next on your travel bucket list?
A panel of judges from Airbnb will declare the winner on April 1. The winner will have to provide their own transportation and incidental costs. The company also warns that the prize has a retail value of $2,250, which the winner is responsible for accounting for on their taxes.