A Good Reminder From Mr. Buffett
Please enjoy this excerpt from the recent Berkshire annual report. While he has explained these investment ideas many times before, repetition can be an excellent method in driving home important concepts. Why just last weekend my wife asked me to take out the trash for the third time when suddenly it dawned on me that she must mean to do it today.
Berkshire’s Letter to Shareholders
On the other hand, reading the entire Berkshire letter to shareholders is most worthwhile.
Coca-Cola Proposal Is Not Shareholder Friendly
In this video, our friend David Winters explains what every Coke shareholder should understand about the compensation plan management is asking shareholders to approve. Imagine for every 100 fully paid-for shares of KO you hold, upon approving this plan, 14 shares are taken from you and awarded to management. I doubt many shareholders would approve. Yet, this is precisely the effect of the plan only by means of newly issued shares.
Stanford Research: The Meaningful Life Is A Road Worth Traveling
According to this summary of a recent study headed by Stanford Business School professor Jennifer Aaker, lives that are considered meaningful are often distinctly different from those that are considered happy. Is your life meaningful or happy or both? Let us go no further in the only life we have without at least pondering the question.