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Keyword: berkshirehathaway

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  • The Best of Charlie Munger

    05/21/2002 3:02:44 PM PDT · by arete · 5 replies · 637+ views
    Motley Fool ^ | 5/15/02 | Whitney Tilson
    Charlie Munger, who runs Wesco Financial, is the famed right-hand man of Warren Buffett. He is also a master investor in his own right. At Wesco's annual meeting a week ago, he shared his always-blunt opinions on Berkshire Hathaway, the scandalous ethics in the accounting, law, and investment banking professions, and more. Warren Buffett is generally acknowledged to be the greatest investor ever -- one of the reasons why 13,000 people flocked to the recent annual meeting of his investment vehicle, Berkshire Hathaway (NYSE: BRK.A). But closely following Buffett are a handful of other legendary investors, including his long-time partner,...
  • Berkshire pays CEO Buffett $100,000, and no options

    03/20/2002 2:26:16 PM PST · by GeneD · 4 replies · 263+ views
    Reuters via Forbes.com ^ | 3/20/02 | Bill Rigby
    NEW YORK, March 20 (Reuters) - Warren Buffett, the canny billionaire known as the "Oracle of Omaha", took home just $100,000 in pay last year and once again spurned the idea of stock options and other popular CEO incentives, as he has for many years. The 71 year-old investor, second only to friend and bridge partner Bill Gates on the world's rich list, paid himself $100,000 for running his Berkshire Hathaway Inc. (nyse: BRKa - news - people) conglomerate, which made $795 million profit last year. The modest U.S. Midwesterner, worth about $35 billion, is a long-standing enemy of stock...