SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (63802)5/4/2003 12:25:02 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 77400
 
I don't know... I just don't like it when Buffett chimes in about businesses he clearly doesn't know, and takes on some issue whatever it is. Right now he is on this options and pay fixation which is fine, but step up to the plate and try to solve the hard issues and be realistic about the solution, is all I'm asking. There are writers (not Buffett) who claim that since Buffett takes home only xxx in pay per year, every tech CEO is therefore overpaid. They ignore the fact that Buffett owns over 30% of Berkshire. Steve Jobs owned zero percent of Apple coming back into CEO at Apple. They had had multiple CEOs over there, some of which were nationally recognized as turnaround experts prior to Jobs going back to Apple and those guys all made a lot of money and failed. So Apple is like Siebel, a special case, a great company which is nothing without this one individual who is literally the ONLY person in the world who can be the CEO successfully, how does Buffett want to compensate these guys- put it on the table, lets hear what he has to say on these tough cases.