*Laughs*
When I first read your post and the replies, I was confused... one of the things I like about Berkshire is that it compounds so well, and does NOT pay a dividend right now. It took me a few minutes to figure out what was meant by an 'elective' dividend... as in someone can sell and get some money from the capital gain when they want.
I respect that people make investing decisions for various reasons (if you are investing for income right now, then this is not a great choice for example)... but for me, allowing the empire to continue to expand (Mr. Buffett and company continuing to expand Berkshire's corporate empire) and add value to our company is perfectly fine...:)
I guess, I 'reinvested' the elective dividend too... (and am buying more shares as quickly as I can at these prices).
~William
Sentiment: Strong Buy