In the Margins
Why is Berkshire Hathaway a corporation and not a mutual fund? As a corporation, Berkshire Hathaway Inc. is subject to the corporate tax, whereas a Berkshire Hathaway mutual fund would not be. There are at least three good reasons why Warren Buffett prefers to pay the corporate tax rather than become a mutual fund. Read the original story from Forbes.
Most Read
The JPMorgan Funds board has started off the New Year with new leadership following the retirement on Dec. 31 of Chairman Matthew Goldstein, who served in ...
The end of the decade is just weeks away, and mutual fund boards are looking ahead to 2020 and the issues and challenges that may land ...
The Securities and Exchange Commission should issue valuation guidance for investment companies. When I was chief counsel in the SEC's Division of Investment Management from 1997 ...
When a mutual fund board brings on a new independent director, the onboarding process can be all-encompassing (and many would argue it should be). Obviously, there ...