No. of Recommendations: 1
" “I wonder what brk can do to increase demand for brk? Can an old dog learn new tricks?”
Why would they want to increase demand for the stock?
I thought we wanted them to repurchase a bunch? We know what that’s going to take."
Since 2008 Buffett has been the largest seller of brkb annually, his life's work via the foundations. Since that year it has always made sense for Buffett to make reasonable decisions to increase demand for brkb common. Many of his partners have owned brk for 20,30, 50 years, most of us aren't billionaires. Do you expect Buffett to kill the stock so that brkb can buy back at prices and valuations he passed on for decades?
With spy currently yielding so little a small div to yield 1 percent or less makes sense. IF the div increased demand for brk common the small tax consequences would be more than made up for by the higher valuation of the common.
I don't expect most here to understand the logic, it has been that way for over 25 years. AFTER Buffett makes the move, they will praise it. That's my guess.
