No. of Recommendations: 2
I stay in touch with several old posters privately who no longer post for obvious reasons. I'll share this exchange, for the adult critical thinkers here. My question, WHY did nvda, googl, meta, etc declare a div? An answer
from another adult,
" I think it’s pretty obvious that those companies want to “broaden the shareholder base” which has never been what Buffett wanted to do. I see the case against diva but don’t get the almost religious opposition. It’s a tool that can be used if needed, like repurchases. At this rate we could have a half trillion of cash in a few years which is untenable. "
My adult response,
" Good morning, isn't that my point? As a result of Gregs letter, it's now very clear that Buffett is no longer sitting at the head of the table, but, HE is still very much in control. Brk has no choice but to broaden its shareholder base, to help generate enough buyside interest to help absorb the 15 billion a year Buffett will be selling into the market via the foundations from his, control block of shs. IF, huge IF, Buffett can-not deploy at least 75 billion cash by year end, in q-1 2027 brk will have no choice but to seriously consider a small dividend, to broaden the base, unless Buffett wants to sell his life's work closer to 1.3 xs BV. Never forget how long it look for Buffett to finally authorize a buyback. If Buffett remains healthy and he remains active and at the table, and IF team trump doesn't cause a big sell off to create opportunities to deploy cash, the div may not happen until q-1, 2028. As you know I've been short the calls,take care.
Great news for several of you. I see estimates of 560 IV here, yahoo, so to prove what a valued partner I am, Friday night I'm going to the Crazy Horse to see if I can get 28, 20 $$ lap dances for one share of brkb! THAT would be better value than any div!
ucmtsu, no way. hc, always a team playa.
