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Shareholder adviser rebukes Berkshire over executive pay


Shareholder adviser rebukes Berkshire over executive pay
Reuters
1 hr ago
April 20 (Reuters) - A large shareholder advisory firm has rebuked Berkshire Hathaway Inc for awarding large pay packages to the two leading candidates to succeed Warren Buffett as chief executive.
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Institutional Shareholder Services noted that Vice Chairmen Greg Abel and Ajit Jain were each awarded $16 million in salary and $3 million in bonuses in 2020, the same as in 2019, and said it was unclear whether any of their pay was tied to Berkshire s performance.
The firm said the continued lack of transparency raised questions about oversight by Berkshire s compensation committee, and recommended that shareholders withhold votes to reelect its members - Susan Decker, David Gottesman, Walter Scott Jr. and Meryl Witmer - as Berkshire directors. ....

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What to Expect for Markets in 2021, According to Barron's Roundtable Members


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Among other factors, Barron’s Roundtable members say the successful distribution of a Covid-19 vaccine will fuel even further gains for the stock market.
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With a year unlike any other in the rearview mirror, the members of
Barron’s investment Roundtable foresee an economy still in recovery in 2021 though one with plenty of opportunities for investors.
Rupal Bhansali, Sonal Desai, Abby Joseph Cohen, Mario Gabelli, Todd Ahlsten, James Anderson, Henry Ellenbogen, Meryl Witmer, Bill Priest, and Scott Black shared their outlooks on the economy and markets with
Barron’s Roundtable Q&A session. The group convened Monday for its annual Barron’s investment Roundtable discussion, which will be covered in depth in ....

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Tesla Motors, Inc. (NASDAQ:TSLA) - Takeaways From The Barron's 2021 Investing Roundtable: 'Make Sure You Have Some Dry Powder'


Black said each of the 10 largest S&P 500 stocks other than
Tesla, Inc. (NASDAQ: TSLA) are also on track for record earnings in 2021.
Investors should look for some of 2020s top performers to come back to earth in 2021, he said.
“I would avoid what I call stay-at-home stocks.” 
Politics In 2021: Abby Joseph Cohen, advisory director and senior investment strategist at Goldman Sachs, said politics will play an important role in the markets in 2021.
She called the recent events at the Capitol “a disgrace” and said investors should pay attention to whether Republicans that supported the recent efforts to challenge the election results “will be cooperative with the incoming administration.” ....

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