No. of Recommendations: 1
“I got my buyback reinstituted I only have one mission left and then, I'm done, complaining, maybe!!”
Your case for a dividend is it would “increase demand for the common”.
If we want Berkshire to spend a significant amount on a buyback we absolutely DO NOT want to “increase demand for the common”. We want demand to be low so Berkshire can buy it cheap.
Plus, initiating a dividend is an admission that Berkshire can no longer create more than a dollar of market value for each dollar retained.
Ah, but we’ve said all this before…
“Stay healthy bud so we can spend the proceeds and tell each other, how we spent it.”
You too, buddy. I certainly got to start spending. If I don’t my kids will.
