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Quotes from the news wire:
It appears to be an uphill battle.
– Minor Myers
T Rowe Price runs mutual funds and allocates capital, but they may regret trying to do this themselves, this is just one of the pitfalls with appraisal, and it's not for novices.
If Gregory Abel's that talented, Gregory Abel could have a host of other, extremely lucrative opportunities outside the company, one goal of executive compensation is to retain people who have attractive alternative opportunities.
One goal of executive compensation is to retain people who have attractive alternative opportunities, you want to keep the best people at the firm, and this may be Berkshire's way of doing it.
These cases suggest appraisal can still be a useful remedy for a stockholder, but you can't just have a briefcase full of analysis and hope to pull the wool over a judge's eyes.
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"Minor Myers Quotes." Quotes.net. STANDS4 LLC, 2020. Web. 7 Jul 2020. <https://www.quotes.net/authors/Minor+Myers+Quotes>.
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