Munger Defends Buffett on Tax Inversions, Hammers Banks

Mark Melin

Published onSeptember 12, 2014

Updated on May 13, 2021

Anyone who thinks Burger King Worldwide Inc (NYSE:BKW)’s deal with Canada’s Tim Hortons Inc. (NYSE:THI) (TSE:THI) is “a great injustice is stark raving mad,” according to Charles Munger, the blunt-talking vice chairman of Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) and a business partner with Warren Buffett. Separately, Buffett also conferred with U.S. Senator Orrin Hatch on tax policy regarding the Burger King deal “well before” it was consummated, according to a Bloomberg Report.

Table of Contents

Buffett supports Burger King’s deal

Buffett was a lead architect in the Burger King deal and has been criticized for supporting the “tax...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article

Already a member? Log in here

Mark Melin

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

Munger Defends Buffett on Tax Inversions, Hammers Banks

Buffett supports Burger King’s deal

Login required to continue reading.

Get Your Business News