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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Pink Minion who wrote (79449)	6/15/2002 3:14:47 PM
From: Mark L.	Read Replies (1) \| Respond to of 99280

>> I think you'll find that he thinks options are a perfectly valid incentive He called it giving away a lottery ticket. He wrote, "Companies tell their shareholders that options do more to attract, retain and motivate employees than does cash. I believe that's often true. These companies should keep issuing options. But they also should account for this expense just like any other." washingtonpost.com But, yes, as you and I both said, he prefers cash-based compensation for Berkshire and its wholly-owned subsidiaries.