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Today in Buffettpalooza (a k a the Berkshire Hathaway meeting): Shareholders' attempt to get...

  • Saturday, May 5, 2012, 6:34 PM ET
    Today in Buffettpalooza (a k a the Berkshire Hathaway meeting): Shareholders' attempt to get more disclosure on succession plan fails, and Buffett says the company will "very aggressively" buy back shares at the right price. Directors were re-elected. (BRK.A earnings)
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  • To me, a succession plan where the prospective successor does not know who he or she is is NOT a succession plan.

    That means the successor is not being trained and can not be prepared to take over the organization. That's not succession, that's the same as hiring an outsider to follow on as CEO.
    5 May 2012, 07:20 PM Reply Like
  • Warren is treating his shareholders like mushrooms. He's keeping them in the dark and feeding them ... fertilizer.
    5 May 2012, 09:25 PM Reply Like
  • (BRK.A) Poor Warren and Charlie appear to be diverting attention from their multi-year under performance of ALL market indices
    and (http://bit.ly/obOPeH) which has outperformed BRK by 400%+ over the last decade. Dead money for years and NO dividend.Truly the fairy tale about the emperor's clothing.Warren and Charlie have been DEAD WRONG on Gold 1 ounce sold for $29 in 1969 was worth $1640 on Friday(up 5000%+ in 50 years!!!).One wonders why CNBC just introduced him as the "world's greatest investor" when he cannot outperform an index fund like (http://bit.ly/JjWCE4) or even do fifth grade math analysis on Gold Price for the last 50 years."Intelligent People" do not buy BRK truly a "zombie stock". APD
    7 May 2012, 06:30 AM Reply Like
  • BRK.A stock was trading under $20 a share in 1969 and it's worth $122,000 a share now. If any intelligent people reading this can do the fifth grade mathematics required to calculate the percentage gain of BRK.A over the past 50 years, I believe you may find that it has significantly outperformed Gold over the same time period.
    8 May 2012, 08:43 AM Reply Like
  • Drew, you appear to know enough to come armed to a battle of wits.
    12 May 2012, 02:07 AM Reply Like
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