I am certain that the vast majority of readers of this blog are interested in what happens in the world of business–in addition to business law. For the second year in a row I bring you here the annual letter of Warren Buffett to his shareholders. This year it is courtesy of the The D & O Diary.
Buffett’s letter this year contains many impressive insights, including his views on executive compensation from the perpsective of someone who has served on 19 boards and who personally oversees the compensation of many executives in the many major businesses within the Berkshire Hathaway portofolio. (Disclosure: I own a small number of "baby Berkshire" shares, though I don’t think that impacts my commentary here.)