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Tom: Executive compensation. You feeling any better about it?
Warren: (LAUGHTER) Well, I-- I-- I feel fine with people making a lot of money for doing a great job. I mean, you know, the people in your field that do a great job make a lot of money. (LAUGHTER) ….
Yeah. But-- what-- what I object to is the people that the-- the biggest payday of their life is the day that they leave a company from which they failed, or-- or where they get paid automatically big sums. If you want the shot at the brass ring-- if you want a shot at making tens of millions of dollars a year, if you flop, why in the world should you be making $5 million a year, or $3 million a year? That-- it's-- pay for performance is fine, you know. Pay for showing up is not-- with the-- with the huge goodbye present, you know-- or-- or bonuses that are not tied to real performance, I think that's terrible.
