RSS

5 Themes for Warren Buffett’s Annual Meeting – Deal Journal – WSJ

16 Sep

This weekend, Warren Buffett’s half-century track record as an investing guru and paragon of ethical business behavior will be put to the test.

At the annual pilgrimage of shareholders of Buffett’s Berkshire Hathaway, roughly 40,000 people will hear Buffett’s take on the conduct of one of his former top lieutenants, David Sokol. He resigned in late March around the time it became known that he bought shares of Lubrizol Corp., a company Sokol later encouraged Buffett to buy. When Berkshire reached a deal last month to buy Lubrizol for $9 billion, Mr. Sokol’s personal stock rose in value by roughly $3 million.

via 5 Themes for Warren Buffett’s Annual Meeting – Deal Journal – WSJ.

Advertisements
 
Leave a comment

Posted by on September 16, 2011 in business, money

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: