Buffett is chairman and chief executive officer of Berkshire Hathaway. The publicly traded holding company operates a broad collection of businesses, including insurance (Geico), manufacturing (Clayton Homes), energy (MidAmerican Energy, Lubrizol) and service (NetJets). It also owns stakes in Coca-Cola, American Express, Procter & Gamble and Wells Fargo.
Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc., said he opposes Coca-Cola Co.’s plan to pay employees with stock and abstained from a vote on the proposal out of loyalty to the soft-drink maker.
Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc., said he’s open to the possibility of his company eventually becoming more involved in housing finance once U.S. lawmakers resolve the future of Fannie Mae and Freddie Mac.
Coca-Cola Co. won investor approval for its plan to award employees with stock, overcoming an argument from money manager David Winters that lavish pay packages are diminishing returns for shareholders.
Berkshire Hathaway Inc. invited Morningstar Inc.’s Greggory Warren to join a panel of analysts posing questions to Chairman Warren Buffett and Vice Chairman Charles Munger at an annual meeting in Omaha, Nebraska on May 3.
Warren Buffett owes it to shareholders of his Berkshire Hathaway Inc. to vote against Coca-Cola Co.’s executive-compensation plan, said David Winters, a money manager who controls stakes in both companies.
Ruane Cunniff & Goldfarb Inc., managers of the Sequoia Fund Inc., made a paper profit of about $300 million today on shares of Valeant Pharmaceuticals International Inc., bringing its gain on the investment to approximately $3.8 billion since it first bought the stock in 2010.