2014 Berkshire Hathaway Annual Meeting

Buffett explains why he, as a member of Coca-Cola’s board, abstained on a vote approving an executive compensation plan he thought was “excessive.” He also argues that CEO’s salaries should be kept secret, criticizes some activist investors for their short-term goals, and rejects the view that corporate taxes are too high.

Prior to the 2014 Berkshire Hathaway Annual Meeting, Warren Buffett discussed the economy, employment statistics, housing and the controversy vote at Coca-Cola with CNBC.