27-02-2011, 05:02 PM
A good read, thank you for the link. It is interesting that he doesn't pay dividend, based on that Berkshire would not meet the criteria of many investors.
"Furthermore, not a dime of cash has left Berkshire for dividends or share repurchases during the past
40 years. Instead, we have retained all of our earnings to strengthen our business, a reinforcement now running
about $1 billion per month."
"Furthermore, not a dime of cash has left Berkshire for dividends or share repurchases during the past
40 years. Instead, we have retained all of our earnings to strengthen our business, a reinforcement now running
about $1 billion per month."