From page 34 of the annual report,Class A equivalent shares outstanding 12/31/2011= !,651,000. 12/31 2015=1,643,000.No shares used for acquisitions or employee incentives,exisiting stockholders shares not diluted. A good thing.
I think I know the answer to this question but would like to hear from others on this board.The question. Why is there so little coverage of Berkshire by the industry ie only 2 to 3 analysts cover the stock and give a price forecast and rating vs 20 to 30 who cover the GM,IBM,WFCs of the world?
I don't consider the appreciation of my Berkshire stock from $15,925 in 1994 to $214,303 nothing.Its also been great entertainment,You should try it sometime.
What makes it the"right thing to do".? The right thing ,and only right thing for a U.S corporation to do is make the most money it can for its stockholders.
Thanks for the quick response.My question is very specific,ie. do you want a dividend on your Berkshire stock. For the record,I own stocks and funds that pay dividends which I appreciate receiving and whose dividend payout record was part of the reason I chose them in the first place.But my question is focused on whether I want to receive a dividend on my Berkshire holdings.To repeat myself,as long as Buffett is there to allocate the cash not paid out to stockholders in dividends,and Berkshires acquisition based business model stays in place,I do not want a dividend on my Berkshire stock.
I would like to see a hundred responses to this question and the reason for the response.Question,Do you want Berkshire to pay a dividend?My reply, No, I don't like to pay taxes and secondly,The cash will compound itself and produce better long term returns with Berkshire manageing it than I could do post tax.