No. of Recommendations: 23
Can you name the last three major buys of public companies that Buffett has made that do not pay a dividend?
I fail to see how that is at all relevant. When Buffett evaluated a company, he presumably evaluated the *entirety* of the company, not just whether they paid a dividend or not. He could have easily disliked that the company paid a dividend, but still bought shares because the other, positive attributes of the company outweighed the negative of the dividend (and other negatives, no company’s perfect in every way).
Just as it’s dumb to buy shares of a company solely because they pay a dividend, it’s dumb to *not* buy shares of a company solely because they pay a dividend. Buffett’s not dumb.
Brian
