There's only so long you can hold the beach ball under water,
Now that the worst lawsuits are fading it seems a golden opportunity to do that. Kraft is limping.
No company is totally immune from disaster, chaos, recession, you name it, ... But on a scale, ours tend to be most recession-proof.
The whole court system in this country seems a little bizarre, ... When I was a kid, cigarettes were called 'cancer sticks' and 'coffin nails.' To say the companies have been trying to hide things doesn't make senseThe courts tied the tobacco companies' arms behind their backs.
Management can focus on one business. From a psychological standpoint as well as from a practical standpoint it's a positive move.
When people bought these funds, they bought them because they wanted me to manage the funds, not the directors.
Would I like to have a man like Buffett on the board You bet. But can I blame him for going off Not at all. But Buffett, with the amount of shares he owns, will still have an influence.
A delay allows people to have less psychology and more orderly behavior.