Stock to jump to 85 on Monday. He wants Obama re-elected so he needs to make people get excited about the economy and the stock market. WAY too much money on the sidelines and in bonds. With a dividend, BRK will be like a bond with better returns. He also mentioned Facebook. The IPO is coming which will be another possitive. The majority of people DO NOT like or invest in stocks even compared back to 1998. Typically a good time to buy.
Hope is tomorrow we blow out numbers, says very positive things about the economy and his businesses, especially his Housing businesses would be a major plus, announces more on succession plan, more stock buybacks, and announces a DIVIDEND. In the 3% range. This will prevent Gates from selling after he dies and just use the dividend to fund his foundation every year. Go Birkshire! Wish I was there this weekend.