Some thoughts on share repurchases, executive compensation, shareholder proposals, and more...
“To me, the answer to anyone agitating for change is a simple one. Why mess with a good thing?”
A growing number of people in society wish to use enterprises like Berkshire to promote political and social issues. And most boards meekly agree. I hope Berkshire resists the pressure after Buffett and Munger leave the scene. This is certainly not assured.
Thank you for investing your time and summarizing for us!
What price did he (Abel) do last buys? Brk.a or brk.b
Another wonderful piece. What a shame more boards don’t act honorably like Berkshire... So many proxy are longer than annual reports.
Really love the writing style. Clear, concise, simple - I wish I could write like you...