Subject: Re: 13F : More Chevron
" Who lost money? The shareholders who overpaid for executive compensation and didn't receive what they were promised. Again, zero dogs in this fight but I can't see any version of this where the board did their jobs." I never owned tsla , directly, either. Plus, I never believed a word Musk said because of the way the pay package was structured and disclosed , my choice. However, IF, a pay package is based on stock price or market cap, once it's achieved how can longs be damaged ? By definition , if he met the hurdles to earn the pay, all longs win too, no ? Today, if brk discloses that Buffett will be awarded a , 25 billion lifetime achievement bonus, to give to his charities once brk reaches a market cap of a trillion, it's ok by me. If you don't like it sell, simple. Don't wait until brk reaches the milestone and then bitch Buffett cherry picked the BODs and they gave him a sweetheart deal. Follow?