charlie munger news
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How to Become a Terrible Investor
Alexandria :: VA :: USA | 3 years ago
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In a commencement address years ago, Charlie Munger evoked the late Johnny Carson, noting that Carson "couldn't tell the graduating class how to be happy, but he could tell them from personal experience how to guarantee misery." This theme --
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Buffett again keeps salary at $100,000
Lancaster :: CA :: USA | 3 years ago
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Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc. who pays the company for postage and personal phone calls, received a $100,000 salary for a 29th straight year as he arranged a $27 billion acquisition. Berkshires shareholder
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The Unlikeliest Dividend Play
Alexandria :: VA :: USA | 3 years ago
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shareholders while demanding fat yields from Berkshire's portfolio companies. "Unrestricted earnings should be retained only when there is a reasonable prospect -- backed preferably by historical evidence or, when appropriate, by a thoughtful
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Law firm and school to help poor file immigration documents
Los Angeles :: CA :: USA | 3 years ago
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Southwestern Law School and Munger, Tolles & Olson will set up a free clinic for those unable to pay for immigration lawyers to help them draft appeals, the school said. Under the program, students at Southwestern's Immigration Appeals program will
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Buffett's salary unchanged, but security costs up
Omaha :: NE :: USA | 3 years ago
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Neb. — Warren Buffett brought home less pay than Berkshire Hathaway's chief financial officer again last year, but the company is paying more to protect the billionaire these days. Buffett, chairman and chief executive of the Omaha, Neb.-based
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Charlie Munger on How to Become Rich
New York City :: NY :: USA | 3 years ago
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Let's just say that if it weren't for Warren Buffett, Munger might hold the title as the world's most famous investor. And not just because Munger -- Buffett's right-hand man -- is an extraordinary investor...But what makes both Buffett and Munger so
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The Other Buffett Succession Question
Omaha :: NE :: USA | 3 years ago
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be without Warren Buffett and his partner Charlie Munger? At the company's shareholder meetings, the sage duo answers questions for hours on end. Their performance is impressive, their insights valuable , and their character inspiring -- so much so
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How to Properly Reward Your Favorite Starving Writer [The Rich]
New York :: NY :: USA | 3 years ago
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A rich guy reads a story he likes and sends a $20,000 check to the writer. Atul Gawande wrote a New Yorker story about health care last year. Warren Buffett's partner liked it so much that he decided to express himself the only way he knew how. As
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Buffett defends using stock in Burlington takeover
Omaha :: NE :: USA | 3 years ago
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Warren Buffett defended his issuance of $10.6 billion of Berkshire Hathaway Inc stock as part of this month's acquisition of Burlington Northern Santa Fe Corp -- even as he admitted that issuing stock is as much fun as preparing for a colonoscopy.
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Buffett: Execs should pay price for risky bets
Omaha :: NE :: USA | 3 years ago
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In my view a board of directors of a huge financial institution is derelict if it does not insist that its CEO bear full responsibility for risk control," Buffett wrote. "If he's incapable of handling that job, he should look for other employment...
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