Grenville

Is there a webcast recording of the entire investor day available? I was only able to find a webcast of the end of day results release.

I did not, but they have a webcast recording of it.

that was great. thanks! +1 Awesome!

Thanks for sharing. If this is how Herbalife works, I really don't understand why anyone would buy this stock.

Nice little interview. I didn't realize Warren recommended the book during the AGM!

Nice color and good stuff. I like Fairfax building its portfolio across the globe in various niches like this where they can build a platform to invest more in a region.

Thanks for the update and clarifying with him!

Thanks. I was off on what I thought was the right number from the Q

page 50 http://www.sec.gov/Archives/edgar/data/70858/000007085814000056/bac-3312014x10q.htm

I'm fine with it here since there isn't a lot on the board about space_x and I do think it adds to the understanding of Elon Musk.

Liberty, thanks for the update! I know it isn't directly related to Tesla the stock.

From a Forbes article below: "Seeking Shelter, Warren Buffett Limits Receivables From Major Banks" http://www.forbes.com/sites/robertlenzner/2014/04/30/seking-shelter-warren-buffett-limits-receivables-from-major-banks/?partner=yahootix I'd definitely like to see this interview if there is video or a transcript.

Here's CNBC with a 10bln number. http://www.cnbc.com/id/101582319 I hope they are reserved for this.

+1 I hope you're right. I'm glad the media isn't letting this one go. Should add pressure on KO. I don't know if they have to revote if they want to reduce the numbers and lengthen out the time.

More color from Warren. Interview with Betty Liu http://www.bloomberg.com/video/buffett-coke-plan-was-excessive-not-buying-cubs-CAeczBTITbOgXrh5odr67w.html

You are right regarding the equity plan. You need votes for it to pass. I should have remembered that based on the interview with Buffett and Becky. update: just looked at the 8K results http://www.sec.gov/Archives/edgar/data/21344/000130817914000200/lcocacola_8k.htm Buffett approved executive comp but abstained on the equity plan. Yeah, it does change my opinion against Buffett given that he could have voted against the equity plan and been vocal that he want's fewer shares authorized and released over a longer time period. If he did this openly, Coke could have fixed the plan. Instead we have what I'm sure are compensation consultants driving important decisions regarding the company. He can also be quite clear that he's ok with executive compensation just not the equity plan as structured.

I hope someone does ask him…maybe at the BRK AGM!

It is a bit puzzling, but I do appreciate the fact that Becky questioned him about it and he expressed his disapproval on television for Coke management & BOD to hear. Ultimately the votes are not binding when it comes to compensation. Coke does know that he's not happy. Even if he voted against it, would that have changed the vote…The approval level would be a bit lower. I think Buffett hints in the interview that he doesn't want to alienate the board and I'm sure to him he cares more about keeping Muhtar focused on growing Coke than having him kicked out over compensation. Buffett's been around the block and he took the Dale Carnegie courses. Buffett doesn't want to sell any coke ever, so he cares more about the business being managed well versus causing a big stink on compensation. I would have preferred him voicing his opinion before the vote, but I think he didn't want to alienate management. He wants them to continue talking to him and not do something stupid with the business like the folks at Kraft. He was vocal about Kraft and he voted with his feet.

+1

Nice pictures! Thanks for sharing.

You can find the debt here: http://finra-markets.morningstar.com/BondCenter/Default.jsp just search using the symbol/cusip: BAC I checked the 10K and realized they didn't have much detail. I also checked the website and not much detail their either

Have you checked the 10K?

Does anyone have a copy of Bruce Berkowitz's speech they are referring to? The Fairholme link no longer works. This is supposed to be the link: http://www.fairholmefunds.com/pdf/amaii2011.pdf AAII 2011 Speech where he talks about BAC Awesome! Thank you!

Does anyone have a copy of Bruce Berkowitz's speech they are referring to? The Fairholme link no longer works. This is supposed to be the link: http://www.fairholmefunds.com/pdf/amaii2011.pdf AAII 2011 Speech where he talks about BAC

Ahh…that makes sense, I was thinking in terms of overall investment. I didn't realize this was their largest initial investment, thank you for pointing that out!