The Inelegant Investor Summarizes Munger's Comments to the LA Times.
Munger derided compensation consultants, declaring that "I have always said that prostitution would be a step up for these people." Munger pointed out that the problem was not that CEOs were evil, but that..." envy-driven compensation mania... brings out the absolute worst in good people."
A question about gambling as a business at the Berkshire Hathaway 2007 Annual Shareholders Meeting.
So my road trip from New York to New Orleans now brings me to Omaha for the Berkshire Hathaway Shareholder Festival (um, I think it's an annual meeting but it feels more like a festival).
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