Subject: Re: 2026 and beyond
" HC,

When you read the rebuttals that by not paying a dividend now one will receive far more $ at some future date (hopefully the case as I am a stockholder) keep in mind that what is not being mentioned is "present value." If I give you a $1 today it is probably going to be worth far more than the $1 I give you 20 years from now. That future amount of $ needs to be discounted back to the present by the discount rate that one feels is appropriate and/or comfortable with."


Hi bud, as usual few here understand the issue. I don't need current income to help me pay the rent on my unfurnished Clayton double wide.

Splitting the Bs increased the required liquidity to be added to several indexes which increased demand.

Authorizing the buyback, increased demand.

Think back 25 years, who is currently bashing me for any recommendations I suggested the past 25 years, other than the current div proposal?

Most here already knew everything they needed to know about wall street 30 years ago, OR they can site what Buffett said 25 years ago, why bother.

Time to move on. I'm done with it; we will all invest accordingly. Best of luck.