RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Just thought I would pass this along But that's the whole point.
His shareholders would have been better off selling 15 years ago and putting it all in an S&P ETF ;)
Comparatively, he lost his SHAREHOLDERS money and should retire :)
bfw
scarlet1967 wrote: No I didn't know but I could bet what the answer was.
Also bfw people like him never retire not specifically/entirely for the money but he loves what he does which is doing what he has been doing all his life and making money for himself and his SHAREHOLDERS.
bfw wrote:
Berkshire has underperformed the S&P for a long time and Buffett has not made any good stock picks lately other than Aaple (very late) and BYD.
Most of his success in the last 20 years has come from his preferential treatment from his govt friends (ie Goldman Sachs deal etc). It's not hard to make $ when the government basically guarantees it!
Honestly, he should retire.
bfw
Wino115 wrote: I think you know the answer. He doesn't believe in stock options.
scarlet1967 wrote: I wonder how much warren Buffet pays himself or has paid himself during last few decades??
Has he been granting options to himself over the years or let the money stay in the company?