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Posted

Fun fact I learned from Berkshire's 2024 Proxy Statement: in 2023, Buffett reimbursed Berkshire $50,000 for personal use of Berkshire's materials (e.g. "postage or phone calls that are personal") and personnel. 

Posted
23 minutes ago, charlieruane said:

Fun fact I learned from Berkshire's 2024 Proxy Statement: in 2023, Buffett reimbursed Berkshire $50,000 for personal use of Berkshire's materials (e.g. "postage or phone calls that are personal") and personnel. 

 

Yeah, it's true, @charlieruane,

 

it's just so special.

 

He cares more about us - the Berkshire Hathaway shareholders, - than himself. Somehow talking about USD 50 K is in this way, if one thinks about it , as coverage for 'postage and phone calls', it just gets so lame.

 

But he decides how it is to be.

 

Just take it in, and continue holding. 😉

Posted
48 minutes ago, charlieruane said:

Fun fact I learned from Berkshire's 2024 Proxy Statement: in 2023, Buffett reimbursed Berkshire $50,000 for personal use of Berkshire's materials (e.g. "postage or phone calls that are personal") and personnel. 

 

Yep - it has been that way (reimbursing half his salary) for as long as I can remember.  I heard they sometimes bring him lunch as well.  

Posted
1 hour ago, charlieruane said:

Buffett reimbursed Berkshire $50,000 for personal use of Berkshire's materials (e.g. "postage or phone calls that are personal") and personnel. 

This also signals expectations to his managers.

Posted
1 hour ago, gfp said:

 

Yep - it has been that way (reimbursing half his salary) for as long as I can remember.  I heard they sometimes bring him lunch as well.  

 

I would be happy to bring him lunch!

Posted

Listening to Compound podcast, and there was discussion that Berkshire sold out of the airline companies because Berkshire ownership would have impeded any possible covid bailout.  One of the other host said that Buffett confirmed it.  Is that true?

Posted
29 minutes ago, villainx said:

Listening to Compound podcast, and there was discussion that Berkshire sold out of the airline companies because Berkshire ownership would have impeded any possible covid bailout.  One of the other host said that Buffett confirmed it.  Is that true?

He talks about this at the 2020 AGM

Posted

Barrons [February 28th 2025] : Bill Ackman Says Warren Buffett Is Too Conservative on Investments, Berkshire Will Be Run Better When He’s Gone

 

From the article :

 

Quote

... Billionaire investor Bill Ackman is a huge fan of Warren Buffett and has invested in Berkshire Hathaway  BRK.B +0.73%.

 

Ackman is even trying to create what he has called a “modern-day” Berkshire by taking control of real estate company Howard Hughes Holdings HHH +1.87% [<- 😄, John].

 

In a recent podcast, Ackman offered some provocative comments, saying Berkshire will be better managed after Buffett leaves the scene and that the company’s longtime CEO, 94, has been too conservative in his investment discipline.

 

Ackman admires Buffett’s likely successor, Berkshire executive Greg Abel. “Greg is more of an operator,” Ackman said. “There is a lot of value to be extracted in running the businesses better.” ...

 

lol!, as if Mr. Abel is cashing in ~USD 20 million yearly, all while being on constant paid vacation, by now.

Posted
4 hours ago, ValueMaven said:

 

NEW!!!!!!!

Thanks for sharing. We watched the documentary on Amazon Prime this weekend. Very interesting. 

Posted

This is actually an AMAZING documentary - I am watching it now.  

What an amazing women.  Don Graham (her son, and chairman of Graham Holdings) seems very sharp. 

As does Mr. Buffett!

 

Posted
9 hours ago, ValueMaven said:

This is actually an AMAZING documentary - I am watching it now.  

What an amazing women.  Don Graham (her son, and chairman of Graham Holdings) seems very sharp. 

As does Mr. Buffett!

 

 

9 hours ago, ValueMaven said:

This is actually an AMAZING documentary - I am watching it now.  

What an amazing women.  Don Graham (her son, and chairman of Graham Holdings) seems very sharp. 

As does Mr. Buffett!

 

 

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