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Home | News | 2014 | Warren Buffett discusses why he abstained from voting on Coca-Cola’s 2014 Equity Plan

For the period ending March 31, 2018, the Fund's 1-year, 5-year, 10-year, and since inception (10/17/05) average annual returns for the Investor Class were 0.70%, 2.48%, 3.39%, and 5.48%, respectively, and the 1-year, 5-year, and since inception (12/30/11) average annual return for the Institutional Class were 0.97%, 2.72%, and 4.84%, respectively. Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than original cost. Shares redeemed within 60 days of purchase are subject to a 2.00% redemption fee. As stated in the current prospectus, the Fund's total annual operating expense ratio for Investor Class shares (WGRNX) is 1.95%, and Institutional Class shares (WGRIX) is 1.70%. Click here to view the Fund's most recent month-end performance data.


Warren Buffett discusses why he abstained from voting on Coca-Cola’s 2014 Equity Plan

April 23, 2014

Following Coca-Cola’s Annual Meeting on April 23, 2014, Warren Buffett was interviewed by CNBC’s Becky Quick about his decision to abstain from voting on Coca-Cola’s controversial equity compensation plan, even though he thought the plan was "excessive." He also discusses why he didn’t publicly voice his concerns about the plan like Wintergreen Advisers CEO David Winters did, and why he has voted in favor of compensation plans in the past even when he did not agree with them.


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