Warren Buffett and Jamie Dimon are at it again. The pair joined forces today on a WSJ op-ed to call for an end to earnings guidance. Is this really the best advice they have to offer given the issues that dominate boardrooms today?
Warren Buffett’s annual shareholder letter was full of folksy charm and investment wisdom. But it had little to say about how he and the Berkshire Hathaway board are handling climate risks for the sprawling conglomerate.
With the stock touching levels last seen 20 years ago, this isn’t the transition GE shareholders were hoping for. But it is also a warning of what could be in store for another iconic conglomerate when its long serving CEO steps down.
A high powered investor group led by Warren Buffett and Jamie Dimon revealed their recommendations for improving corporate governance last week. The announcement was flawless – a show to rival any Broadway opening – but the dazzling cast couldn’t make up for a weak report. But while their show closed early, the authors’ clout is […]
I’m all for improving corporate earnings announcements. But the push by Yahoo, Netflix and other companies to broadcast their earnings from a television studio, complete with a borrowed cable-tv newscaster, is a triumph of style over substance.