How does a logical person make that connection? Buffett once knew that stock options are expenses, but now he doesn't? Can you provide proof?
Why do you think Buffett thinks the KO compensation plan is a gift, rather than an expense? Please back your assertion up, sharing your sources of course.
You can make this sheet up, yes way!
I think Mr. Buffett is calling you an inferior investor. I think he nailed it.
"Were we to split the stock or take other actions focusing on stock price rather than business value, we would attract an entering class of buyers inferior to the exiting class of sellers. At $1300, there are very few investors who can’t afford a Berkshire share. Would a potential one-share purchaser be better off if we split 100 for 1 so he could buy 100 shares? Those who think so and who would buy the stock because of the split or in anticipation of one would definitely downgrade the quality of our present shareholder group. (Could we really improve our shareholder group by trading some of our present clear-thinking members for impressionable new ones who, preferring paper to value, feel wealthier with nine $10 bills than with one $100 bill?) People who buy for non-value reasons are likely to sell for non-value reasons. Their presence in the picture will accentuate erratic price swings unrelated to underlying business developments."
BRK MORON, I think I have discovered what your problem is. I found it on WebMD. It goes like this:
"Delusional disorder, previously called paranoid disorder, is a type of serious mental illness called a 'psychosis' in which a person cannot tell what is real from what is imagined. The main feature of this disorder is the presence of delusions, which are unshakable beliefs in something untrue. People with delusional disorder experience non-bizarre delusions, which involve situations that could occur in real life, such as being followed, poisoned, deceived, conspired against, or loved from a distance. These delusions usually involve the misinterpretation of perceptions or experiences. In reality, however, the situations are either not true at all or highly exaggerated."
"People with delusional disorder often can continue to socialize and function normally, apart from the subject of their delusion, and generally do not behave in an obviously odd or bizarre manner. This is unlike people with other psychotic disorders, who also might have delusions as a symptom of their disorder. In some cases, however, people with delusional disorder might become so preoccupied with their delusions that their lives are disrupted."
This is the specific type of disorder that you have:
"Grandiose: A person with this type of delusional disorder has an over-inflated sense of worth, power, knowledge, or identity. The person might believe he or she has a great talent or has made an important discovery."
You may want to get that checked out dude.
He can make this sheet up, yes way!
Why do I put people on ignore after they catch me in another lie? Why?
Why do I still have conversations with those I claim to have put on ignore? Why?
Why do we have to read your made up sheet day after day after day? Why?
Why? Why? Why?
"Should the stock be split or other actions be taken FOCUSED ON STOCK PRICE rather than business value, then a class of buyers inferior to the exiting class of sellers would be attracted."
Why was the stock split? You can make this sheet up, yes way!
BRK MORON, I simply asked you to back up your statements for once. I did this because you have no idea what you are talking about. You blather on and on and on as if you have a clue and you don't. You can and do make this sheet up! yes way!
Here’s a reprint, in full, of every instance (minus those where it’s reference is only in passing – trying to keep this as short as possible for readers) that Buffett has mentioned the word “repurchase” in his shareholder letters since 1977.
Yo BRK MORON,
"... but years ago two older fine fellas at brk said they would NEVER split brk because a split would attract, inferior investors ..."
Please provide a reference for the above.
"... AND, they would NEVER use a buyback to, goose the stock, NEVER, ..."
What do you mean by goose the stock? Again, please provide a reference for the above.
I would be more than happy than to read both references.
"buybacks drive stocks higher ? is this taught in brkville 101 right after munger lectures on accounting compliance ? ucmtsu,no way."
Pathetic BRK MORON, show me where I ever said that I was a BRK expert, one time, MORON?
I kind of look at it this way,
"Argentina request to delay $1.65B payments denied"
"New York judge denies Argentina's request for delay in paying $1.65 billion to US hedge funds"
Oh yea, and it raised its dividend 11.8% on 4/30/13 and 15.8% on 4/30/14. Now I am really thinking scary thoughts.