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Biglari Holdings Inc. Message Board

  • fact_researcher fact_researcher Aug 20, 2012 9:03 PM Flag

    Biglari said that he wants to treat his shareholders well.

    For example:

    "We are here to make money with you, not off you"-Warren Buffett, 1996 letter to shareholders.

    "Not only will I refuse extra remuneration for the time I intend to commit, but I also will not accept any stock options. The reason is simple: We are one of the largest shareholders; thus, we plan to make money with you, not off you."-Sardar Biglari, 2008 letter to Steak N Shake shareholders.

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    • You can not fool all the people all the time.

      Let's look at what the record shows. Over the top compensation and the stock is stuck at the old pre 1 for 20 reverse split at about $19 a share.

      The rest is theatrics.

      This is pure entertainment.

      • 1 Reply to gable005
      • He did not say that he will fool any or all of the people.
        He said he will treat stockholders well.
        He sounds like Buffett not Barnum:
        "We are here to make money with you, not off you"-Warren Buffett, 1996 letter to shareholders.

        "Not only will I refuse extra remuneration for the time I intend to commit, but I also will not accept any stock options. The reason is simple: We are one of the largest shareholders; thus, we plan to make money with you, not off you."-Sardar Biglari, 2008 letter to Steak N Shake shareholders.

 
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