Subject: Re: look what I found, brk partners
Berkshire *could* pay a $100 per B share special dividend. There's $164 per B share in T-Bills!
They could pay out $91/B and still have the float fully covered by cash and fixed income, without selling any equities.
That would mess up our tax planning...
No lie!
I just did some preliminary end-of-year tax planning and discovered that we had some $30,000 of dividends more than I expected. Crap.
Upon further investigation it looks like we will also get some hefty distributions from some CEFs and REITs dumped on us that I wasn't expecting. Double crap.
The last thing I need is BRK to dump 5 digits of dividends on me.
You can control timing of capital gains. You cannot control timing and amount of dividends.