Buffett Is Wrong: Money Managers Are Worth Big Paychecks

Published: May 5, 2006, 11 p.m.

b"Never mind what Warren Buffett says. Money managers who earn enormous paychecks deserve what they make, according to panelists discussing the market for talent in finance at the inaugural conference at the Gary S. Becker Center on Chicago Price Theory Founded by Richard O. Ryan, '66 at Hyde Park Center April 7. Panelists included Andrew Rosenfield, Nancy Zimmerman, Kevin Murphy, Dick Elden, and Steven Levitt."