Subject: Re: look what I found, brk partners
" That would mess up our tax planning...I'd much rather they repurchase fully valued Berkshire shares than do that. We all would, right?"

brk has no obligation to disclose the content of SEC comment letters to shareholders. Did the SEC suggest that brk reduce its exposure to publicly traded companies or change its filing status? We may never know.

There is no chance Buffett would pay a huge dividend at this time, unless the company had an SEC gun to its head, imo.