Subject: Re: Hopes, for Greg’s first letter?
FWIW.

I support a dividend. 2% is fine. Too much cash is sitting idle.

I support any buybacks up to 95% of IV, which I estimate to be approximately $525 per share and growing.

I would like to see:

$20 BB+ in dividends rain or shine.

$50 BB+ per year in buybacks or new equity purchases, assuming the price is reasonable?
Very hard to do buyback without a tender.
Additionally, maybe the disruption of AI will create some equity opportunities.