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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: mungofitch 🐝🐝 SILVER
SHREWD
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Number: of 19824 
Subject: Re: Apple
Date: 12/04/25 1:04 PM
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No. of Recommendations: 17
Please name the last five significant Buffett buys that did not pay a dividend. Thank you.

That's an easy one: Apple. The dividend is trivial and can be ignored for any analysis of the investment thesis or returns. At this point it's just for show, really--window dressing.

It shows up as part of Berkshire's total return on the Apple position only if you look down in the rounding error. Around 3-4% of the total gain to date, before the taxes on it, even after 8 years of significant ownership and collecting of dividends.

Jim
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