How does your company stack up???
From the list below the company that I personally admire the most would be Berkshire Hathaway. Over the weekend I read the most recent letter to the shareholders and was amazed at the clarity and the disclosure. Reading BRK.A annual report is a pleasure; it reads just like a book and keeps your interest. Yes I know that for most of us reading an annual report does not equate fun but for me it was fun. If you have never read any of the letters to the shareholders from BRK.A I highly recommend it. From the letter you not only learn how BRK.A makes money but the mistakes the firm has made.
Apple: The New No. 1
Which companies have the best reputations? Apple tops the list, Google and Berkshire Hathaway move up, and Costco cracks the top 20 this year. more
1. Apple
2. Berkshire Hathaway
3. GE
4. Google
5. Toyota
6. Starbucks
7. FedEx
8. Procter & Gamble
9. Johnson & Johnson
10. Goldman Sachs
Here is the full list:
http://money.cnn.com/magazines/fortune/mostadmired/2008/top20/index.html
March 4th, 2008 at 2:11 pm
I actually just did a little project on Buffets letters and read a bunch of them. They really are very interesting and although they are long, they read very well. Im starting to read all of them now. Also intersting fact about Costco, the ceo only has a total annual salary of about 350,000, what other ceo gets paid that little?
March 4th, 2008 at 2:26 pm
No but some chose to take huge bonuses vs. a salary. Look at Steve Jobs his salary is $1 dollar.
March 5th, 2008 at 9:35 am
Also the top 3 executives at Google make $1. They just get really large stock options. I read what they get are large numbers of stocks at a higher price in the future, which is still a bargain for them. Like Steve Jobs gets 10,000 shares of Apple for 10-15% higher than it is now in a year. So he could sell his shares if he needs cash and will acquire more shares at a bargain price later.
That’s my understanding, I could be mistaken.
March 26th, 2008 at 1:53 pm
The top 4 companies in this list are all in most of my mutual funds. I feel good about that.
March 26th, 2008 at 1:54 pm
Haha congrads. There is a difference between a good company and a good stock. Just remember that
March 26th, 2008 at 2:08 pm
True. I wonder what the correlation between a good standing company and a good stock are…
hmm… Thanks for the post!