Too often, executive compensation in the U.S. is ridiculously out of line with performance. That won't change, moreover, because the deck is stacked against investors when it comes to the CEO's pay. The upshot is that a mediocre-or-worse CEO - aided by his handpicked VP of human relations and a consultant from the ever-accommodating firm of Ratchet, Ratchet and Bingo - all too often receives gobs of money from an ill-designed compensation arrangement.
Warren BuffettMoney to some extent sometimes let you be in more interesting environments. But it can't change how many people love you or how healthy you are.
Warren BuffettI can do anything I want, basically, as long as it doesn't involve athletic ability, or something like that.
Warren BuffettWhen you get to my age, youโll measure your success in life by how many of the people you want to have love you actually do love you. Thatโs the ultimate test of how youโve lived your life.
Warren Buffett