Recent News
Environmental groups have an impact on KKR buyout of TXU Corp - aka Texas Utilities (TXU). They managed to force the company to reduce the total number of coal plants being planned in Texas from eleven to three. Article at Business Week Online. Rain Forest Action Network on "What Happens Next" The Daily Grist calls it "Texas Fold 'em"
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Neubert's Trades Live from The Berkshire Hathaway Annual Meeting
| Live from The Berkshire Hathaway Annual Meeting |
| Written by David Neubert | |||
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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). Warren Buffett is a CEO who knows how to treat shareholders. He doesn't overpay himself, generates great returns, he throws them a big party with Dairy Queen, BBQ, funny movies and the like. I feel like I'm at the capitalist version of Burning Man. Can I wear my tie-dye?
On the way here, I had to stop at Dairy Queen. Also, I've included a photo of my shareholder passes in case you want to know what they look like.
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