Subject: Re: RW, Just Hold the Gdamn stock,
<<But again, either Meta, Goog, Apple, Msft, etc are all wrong, OR, Buffett is being stubborn and he's wrong.>>>
And Buffett, an actual INVESTOR last I checked, can deploy the cash on our behalf in the best available INVESTMENTS as the cash becomes available. Or he can time the deployment of that cash for us when he sees fit. At a very attractive entry point….
As opposed to those tech CEOs and Boards who simply, and appropriately, distribute excess cash to owners. They’re in the social media, software, and communications businesses. Not the investnent business.
Quite different. To say the least.