Supreme Court faces a new frontier: Threats on Facebook,
Greg Abel generally makes about $12 million a year (bonus depends on results with highest possible bonus at $40 million). BNSF doesn't disclose to my knowledge but I would estimate it was somewhere in the 15-20 million range for Matt Rose and probably similar now that Carl Ice has taken over. ++
morning sean, bro, you have to pay great people to keep them, HOWEVER, what % of Geico does brk own, today ? IF Geico was public the past 20 years, what % of Geico would management have taken over the years as part of their compensation, 20- 25 % of the equity ? even more ? THIS is why buffett never really understood why brkb was too cheap and a steal from 2006 up to 1.3 xs BV. Too late now, we need a monster market sell off to ever break 1.2 xs BV again in his lifetime.
its nice to have a management team that doesn't take our equity year after year tho not many seem to care ??
the danSIN girls will be friendly all weekend !!
== ++thanks,I know you disagree with me on the odds on this bet but to me its an even bet.++
what do u mean by, even bet ? u can make 3 or lose 3, even money ?
btw, just a reminder, I assume u live in the good old usa. This is how many of my old buds went broke IF u don't file as a professional trader in your taxable account. U pay taxes, aka, give uncle sam and your state in many states, not mine, 30 % of your short term gains for years then the sell off comes and guess what, U get to lose the entire 100 %% of the loses, uncle has no pity on you. uncle sam is worse than a wife, at least she adds some value, the first 5 years or so, HA !!
this is for u bro, unlike most in brkville some day u may come back and thank me. IF u sell the 150 put and brkb gets put to u in the high 140s u are long at say 1.5 xs BV right ? buffett says he wouldn't pay 1.21 for brkb in fact, HE would rather buy ibm at 185 than buy brkb at 1.21 xs BV, right ? IF the market sells off, yes professor markets do drop every 10 years or so, and brkb drops to 130ish, you lost 20 trying to make 2, bad bet bro, imo. good luck RISKIng 20 to make 2. My Vegas background kicks in every now and then.
++ morning HC,did I say that?++
boy oh boy, no pal U didn't say it some guy names buffett says it often which in part explains why nice kids like todd sold their brkb to buy the no brainer, ibm !!
morning bro, brkb and spy going up every month forever is a sure thing no ? bro, I didn't go nuts, im short brkb puts now as well, BUT, I sold the 130s into the drop with the vix at 29, small difference. just don't use margin bro, if brk revisits 130ish, you own it, no big deal. good luck bud. btw, ask our IBM pals about losing 30 dollars trying to make 3 selling the ibm 190 puts 6 months ago, comprende ?
++ WHY WHY WHY limit it to WB? Those dead birds at the solar plant may know more ab out IBM 5 years out than HC....++
as far as I know we still haven't heard from buffett since the ibm call, no ? obviously he didn't start that Icahn rumor, we'll know soon enough ?
morning bud, goog the stories about that huge solar facility you see when you drive las vegas to cali and how they are doing vs projections. Not to mention all the dead birds. lol.
morning professor, remind us, who was it that warned us brk was getting too big to, outperform, before it doubled ? R u paying attention ?
ny times , sorkin, goes after liz ?? it must be nice for uncle to have his own private, beettcchhhhhhhhhh !!
ibd, another waste of $$$$$$$$ ?
they started a rumor that the, activist Icahn was a buyer to help save the, apologist, Icahn denied it. The volume was nice tho, well done !!
lol, earth to professor, are you awake bud ? buffett LOVES the engineering going on at IBM, no ? don't trust me, look it up, buffett bought 11 BILLION, with a BBBBBBBBBB of ibm, still with me ? Whats does he lovEEEEEEEEEEE about ibm ? Bro, I didn't even know buffett had an advanced degree from MIT ?
thanks jad, great stuff !! An academic with FACTS and common sense, UNreeeeeeeel.
++ If the U.S. is to achieve growth that distributes income equitably and provides stable employment, government and business leaders must take steps to bring both stock buybacks and executive pay under control. The nation’s economic health depends on it.++
I've been saying this for 20 years !! Winters spoke up while buffett was napping.