Subject: Re: 2026 and beyond
" Being that BRK is by far my largest position what I'm doing is looking ahead and thinking about how a dividend will change my income, tax situation, etc. so that I'm reasonably prepared for it."
relax rabbitrr, since you are a rare breed in brkville think about this. IF brkb yielded around 1 percent and traded on average 2-5 % higher due to increased demand from funds, institutions, and private investors, globally, who demand a dividend, would you be very happy to pay the tax on the 1 percent dividend yield? Shockingly, Buffett still doesn't understand this concept, hence for a decade plus he has been selling off his life's work via the foundations, too cheap! Sadly, brkb aka, we weren't the buyers of foundation sales 50 % lower, in size.
Do you think 5 of the Mag 7 pay a dividend to DECREASE demand for their common? This isn't complicated, someone is very wrong.
btw, rw does support the buyback and he agrees a quarterly div might be about 18 months away.