Warren Buffett's Berkshire Hathaway Earns $25 Every Second
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Cathie Wood looks for growth and companies on their way to big profits. Warren Buffett prefers looking for value and consistent profits. The two investors have two stock investments in common.
Another reason for the small rise in the share count over the decades is that Buffett refuses to issue stock options, restricted stock or any other stock compensation to employees or directors. He has never done so. Everyone at Berkshire gets paid in cash.
At Berkshire Hathaway’s annual meeting earlier this year, Warren Buffett showed just how much of a fan he is of Apple’s CEO, Tim Cook. “Tim Cook has made Berkshire a lot more than I have made Berkshire,” Buffett said to laughter in the room. It was funny, but considering that Apple is Berkshire’s largest holding, I don’t think it was hyperbole.