Money and Finance
Link to videos and letters, via ValueWalk:
David Winters Sends Buffett, Coke BOD Letters Over Exec Compensation
David Winters On His Vehement Opposition To KO’s Comp Plan
.................
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- Warren Buffett Interview With Fortune
Link to interview: Warren Buffett: We took a stand on Coke's pay packageFORTUNE -- Last week, Warren Buffett declined to vote against a controversial stock option plan for Coca-Cola's (KO) top executives that he thought was excessive. That has...
- Buffett: Shareholders Should Speak Out On Coca-cola
Mr. Buffett abstained from voting on the Coca-Cola compensation plan. He said it was excessive, but that he could never vote against Coca-Cola. But the plan, as expected, did pass the shareholder vote. Link to video: Buffett: Shareholders Should Speak...
- Coca-cola Responds To David Winters
"Of course, both option grants and repurchases may make sense — but if that’s the case, it’s not because the two activities are logically related. Rationally, a company’s decision to repurchase shares or to issue them should stand on its own feet....
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Money and Finance
David Winters On His Vehement Opposition To KO’s Comp Plan
It would be nice if both Warren and Howard Buffett would comment on this. The summary of Winters' case is that Coke's latest compensation plan is transferring 14.2% of the company, equivalent to about $24 billion (yes, billion, with a 'b') to management over the next 4 years. As my friend James mentioned to me today, Howard Buffett is not only on Coca-Cola's board, but he's also the man that was given the duty of carrying on the Berkshire Hathaway culture once Warren Buffett is no longer there one day. James is submitting his question on this topic to try and get the journalists to ask it at the Berkshire Hathaway Annual Meeting, but if a few more of us submit it as well, maybe it'll have a higher chance of getting asked.
Link to videos and letters, via ValueWalk:
David Winters Sends Buffett, Coke BOD Letters Over Exec Compensation
David Winters On His Vehement Opposition To KO’s Comp Plan
.................
Related videos:
Warren Buffett on Absurd CEO Salaries
Warren Buffett - How Should a CEO Be Compensated?
- Warren Buffett, Charlie Munger, And Bill Gates On Cnbc
First, the videos from the final hour of the show when all 3 were together: No hurry for energy independence: Munger Hydrocarbons just as precious as Iowa top soil: Munger Buffett: Better option than increasing minimum wage Gates, Munger & Buffett:...
- Warren Buffett Interview With Fortune
Link to interview: Warren Buffett: We took a stand on Coke's pay packageFORTUNE -- Last week, Warren Buffett declined to vote against a controversial stock option plan for Coca-Cola's (KO) top executives that he thought was excessive. That has...
- Buffett: Shareholders Should Speak Out On Coca-cola
Mr. Buffett abstained from voting on the Coca-Cola compensation plan. He said it was excessive, but that he could never vote against Coca-Cola. But the plan, as expected, did pass the shareholder vote. Link to video: Buffett: Shareholders Should Speak...
- Coca-cola Responds To David Winters
"Of course, both option grants and repurchases may make sense — but if that’s the case, it’s not because the two activities are logically related. Rationally, a company’s decision to repurchase shares or to issue them should stand on its own feet....
- The Buffetts On Charity, Succession, And Tv (video)
Found via the Corner of Berkshire & Fairfax. Oct. 22 (Bloomberg) -- Berkshire Hathaway chairman/CEO Warren Buffett, board member Howard G. Buffett and Howard W. Buffett, executive director at Howard G. Buffett Foundation, talk with Betty Liu about...