Warren Buffett’s Compensation in 2015 (BRK Rumors)
Warren Buffett and Charlie Munger both made $100k in salary last year, but Buffett's personal security detail counts as compensation too, bringing him up to $470k. CFO Marc Hamburg made $1.36 million; Berkshire Hathaway Energy CEO Greg Abel made $41 million. Berkshire only pays its board of directors between $2700-$7000.
Warren Buffet’s salary for remained unchanged at $100,000, the same level it has been at for more than a quarter century.
However total compensation has crept up 1% from the previous year due to increased costs associated with keeping Buffett safe. [...]
Warren Buffett remains in control of 19% of all of Berkshire Hathaway’s outstanding stocks and wields 33% of its voting power. Forbes reported on March 15, 2016 that Buffett is worth $66 billion. [...]
Warren Buffett On Investing, Bubbles, Crashes, And Everything In Between (Fool Singapore)
"[T]he only way you get a bubble is when basically a very high percentage of the population buys into some originally sound premise and –- it’s quite interesting how that develops –- originally sound premise that becomes distorted as time passes and people forget the original sound premise and start focusing solely on the price action."
Lots of local stories, which put together, point to a big expansion coming this year for Dairy Queen:
Dairy Queen franchise seeks to add nearly 100 locations this year, with up to 10 new locations in NH
Dairy Queen plans to expand in Spartanburg [SC] County
Dairy Queen plans Vermont expansion for 2016
Dairy Queen targets Amherst, Worcester in major 60-store Massachusetts expansion
Unhappy Teamsters talk strike again at NetJets (Columbus Dispatch)
Two months after NetJets pilots got a generous five-year deal after months of picketing and creating bad publicity for the private jet firm, labor unrest is starting to brew on a new front.
Teamsters members who work in areas such as fueling, catering and dispatching for NetJets are threatening "another serious labor dispute" for the company. [...]
MidAmerican Energy announces grants (Messenger News)
Sixty-five Iowa cities and community organizations are receiving grants totaling $205,000 through MidAmerican Energy's Trees Please! energy efficiency program. [...]
The program provides grants to communities to fund tree planting projects in public areas such as parks and roadways. Since 1998, MidAmerican Energy has awarded more than $3.6 million in funding.
Mobile app purchase propels GEICO to 14 million policies in force (Business Wire)
With the touch of a screen on his smartphone, Christopher Stevens made GEICO history, propelling the company to the 14 million policies-in-force milestone. The Hixson, Tenn., native purchased the record-breaking policy after buying a new car the day before Valentine's Day. [...]
Meet the winners of Warren Buffett's March Madness contest (Yahoo Finance)
"It’s been a heck of a weekend," says Kevin Wills, who works at insurance company USLI in Wayne, Pa., and found out Friday that he was a co-winner of the Berkshire Hathaway (BRK-A) March Madness contest for employees.
Wills and Robert Keller, who works at Berkshire-owned Geico, will split $100,000. Both men had perfect brackets through the first 15 games of this year’s NCAA men’s basketball tournament, until Middle Tennessee State University, a 15-seed, toppled Michigan State, a 2-seed, on Friday night. In other words: Warren Buffett’s big contest didn’t even last two full days. [...]
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