Saturday 8 August 2009

Exemplary Conduct

It is really encouraging to see people who have achieved a lot not practicing the greed by trying to amass more and more for no apparent reason. Warren Buffett, for example, receives a $100,000 salary for his work. Considering he is the best known investor, managing billions of dollars in funds, this does not seem much.
The next one is listed below. Eric Schmidt receives $1 annual salary for his work at Google.
Naturally, all these people have enough wealth to get them trough (and much more than that, probably) and the social effects of their decisions not to receive excessive remuneration are very positive and encouraging.

Google CEO Eric Schmidt Accepted No Salary or Stock for Apple Board Service - Mac Rumors

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