No. of Recommendations: 1
How comforting, the same experts who assured us brk didn't need to authorize a buyback 20 years ago because Buffett could deploy the tens of billions in better investments than brk, weren't wrong.
The experts who opposed a 50 for 1 split of the Bs which was required to provide the liquidity needed to be added to indexes, weren't wrong. They claimed brk didn't need no stinkin index buying, brk would never suffer from a lack of demand, they weren't wrong.
Now the experts are opining, again, that brkb doesn't need no stinkin div, but they would never be wrong, again.
ucmtsu,no way. Buffett would never buy div paying stocks, that's for suckers.
Does brk pay taxes on div income from the securities we own?
