Subject: Re: Barron’s piece on Berkshire
An idea I've thought of before, I don't know if any companies do anything like this:

- declare a "dividend" each quarter but don't pay it out, just keep a record of the cumulative amount

- do weekly buybacks according to some mechanical rule, e.g. spend 2% of the pot each week, but only if the share price is less than the 200 day SMA (maybe plus 5% or something)

Why would any company do this? What would it accomplish?

People who want a dividend want the cash. They also do not want to sell any shares to get cash, they want the company to give them the money.