Money and Finance
- Links
Warren Buffett on CNBC.... Links to videos: Warren Buffett: When stocks go down it's good news Warren Buffett: Negative effects of low oil Warren Buffett: Expected rails to do better Warren Buffett: Earning power our annual goal Distracted driver...
- 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:...
- A Few Comments On Warren Buffett And Coke
I've seen a number of people, many who consider Buffett a hero and are not normally so quick to jump to conclusions when he says something, express disappointment over some of the comments Mr. Buffett has made about the Coca-Cola compensation plan,...
- 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....
- 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')...
Money and Finance
Warren Buffett interview with Fortune
Link to interview: Warren Buffett: We took a stand on Coke's pay package
FORTUNE -- 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 unleashed a wave of criticism against the legendary investor and CEO of insurance conglomerate Berkshire Hathaway (BRKA), typically a media darling. New York Times columnist Joe Nocera called Buffett a coward. Shortly after the Coke vote, Buffett sat down with Fortune to defend himself.
Despite the criticism, Buffett says he believes he took a forceful stand against the Coke pay package. What's more, he says that he has little power to stop companies from handing out excessive pay. That's a big change from a few years ago, when Buffett wrote that large shareholders like himself were the only ones who could turn back runaway executive compensation within corporate America. Apparently, Buffett and others like him are outmatched as well.
[H/T Will]
- Links
Warren Buffett on CNBC.... Links to videos: Warren Buffett: When stocks go down it's good news Warren Buffett: Negative effects of low oil Warren Buffett: Expected rails to do better Warren Buffett: Earning power our annual goal Distracted driver...
- 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:...
- A Few Comments On Warren Buffett And Coke
I've seen a number of people, many who consider Buffett a hero and are not normally so quick to jump to conclusions when he says something, express disappointment over some of the comments Mr. Buffett has made about the Coca-Cola compensation plan,...
- 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....
- 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')...