this co has over 48 billion dollars in cash. paying a small dividend wouldnt hurt them . buffet is a rich man and doesnt need the dividend but all of his other shareholders would welcome it.
I also think it would help the stock if he paid dividends. After all his taxes are too low according to him. I guess he would rather pay taxes to Uncle Sam than pay his stockholders. I got tired of waiting for this stock to do something over the years and finally sold all my shares. I think the guy is too cheap! I'm done with it...
So tell us why you are smart and the market is stupid. Or, in other words, why has the market lowered its valuation of the shares and why will the market re-value them upwards. I can guarantee you that any phrase including anything resembling the words "past performance" will not do the trick.
The market can indeed be stupid. Why did the market appraise BRK by $X in early 2008 but marked it down by 55% by March of 2009?
Do you that's rational when the intrinsic value of the business isn't fluctuating anywhere close to that degree?
The key to investing is to take advantage of the times when the market is being stupid.
« Don't know. Have not done the research necessary to come up with a good number ... »
Don't feel bad, most folks make investments without any idea of what they're buying and what its' future return might be.
Just buy a great story, or in this case, the stock of a once great investor - It's the American Way!
Don't know. Have not done the research necessary to come up with a good number (and looking up Value Line's estimate does not qualify as "research"). I do have the view that the insurance ops are going to return less, especially if interest rates go up.
I have shown you what it has averaged over the past eleven years.
The Value Line analyst (report dated: March 16, 2012) is projecting 8.0% going forward.
What do you believe it will do going forward?
Maybe we should impress on Buffett the true fact 'HE CANNOT TAKE HIS WEALTH WITH HIM'
We faithfully follow him in the hope we can share even in a small way, some of his knowledge and success in investments, he has never known what it is to be a 'modest' investor. If Apple can issue a good dividend, come on Warren, consider your investors too!
You are wrong.I am a shareholder and am happy that I dont get a Berkshire dividend that I would have to pay taxes on and that would reduce the amount of cash the company has for investment,acquistions,and share buybacks.I dont tthink I am alone in my feelings.
Agree with Physamg. Buffett has grown intrinsic value nicely over the last 10 years so I don't want a dividend. If you want a dividend then don't own BRK.
The stock has underperformed the business And I now expect the stock to outperform the business over the next 5 years.
Be patient. The people who lose are the ones who chase performance.