Berkshire Hathaway

Proxy Voting refers to the process by which one person or entity votes on behalf of another. Since the majority of shareholders do not attend the annual and special meetings at which voting occurs, corporations provide shareholders with the option to cast a proxy vote. Davis Selected Advisers, L.P. (“DSA”) votes on behalf of its clients in matters of corporate governance through the proxy voting process, with a focus on the investment implications of each issue. DSA has established proxy…

Fast food restaurants have become an icon around the world. You cannot go very far without running into one of them. The fast-food industry is the largest employer of minimum-wage workers in the country. Today, more than 160,000 fast-food restaurants feed more than 50 million Americans each and every day, generating sales of more than $110 billion dollars each year. Some of these restaurants include McDonald’s, Kentucky Fried Chicken, Dairy Queen, Subway, Pizza Hut, Burger King, and Taco Bell.…