It is safe to say, however, that a great many of them – perhaps even most of them – are in a net-savings mode and logically should prefer no payment at all.
BRK closed today at $154,425.00 per share. If you own this, you are presumably well off already and don’t need the dividends for income. Rather, you should be more concerned with savings growth, in which case the strategy detailed above is the most logical.
To help improve the meaning of these lyrics, visit “Letter To Shareholders 2012” by Warren Buffett and leave a comment on the lyrics box