Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2017-Morning Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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The Overtured Director Is in It for the Money

The overtured director is in it for the money. Well they are, they own a lot of stock and they bought it in the market just like this. They're over then. It's a very old-fashioned system. If CEOs were getting paid at the rate that they got paid 50 years ago, adapted to present dollars, the director paid would be lower. So it's got all these building things that to some extent sort of kindle the...

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