Subject: Re: RW, Just Hold the Gdamn stock,
Let's say instead they received a "small" 1% dividend each year

Did you read what I said? "a nominal dividend of $0.25 - $0.50"

Adjective: Nominal
2) Insignificantly small


1% dividend is not "nominal"
$0.50 dividend on a $2000 stock (the price in 1985) is insignificantly small.

$0.50 on today's BRK-B is 0.11%. That is still insignificantly small.