He earned $228,060 yesterday to raise his earnings to $860,966.
That strategy, he said, would raise earnings per share and lift the stock price.
But in the future, the absence of those loans should raise earnings by about $45 million a year.
Warren earned $43,600 to raise his 1990 earnings to $129,395.
It said the transaction would raise earnings per share to a 10 percent gain over 1991.
The company's goal is to raise pretax earnings by 10 to 15 percent a year over the next five years.
Many companies are still raising their earnings by cutting costs instead of increasing demand, he said.
The victory was his 14th and raised his earnings to $4,873,770.
The first-place prize today raised his earnings for the season to $204,086.
But the lower prices should also attract enough new customers to raise total earnings, these analysts said.