Has there been any discussion on the possible pressure to issue dividends once BNI shareholders are in place? If we're going to have undesirables as shareholders, their gonna want a dividend, right? I've got imagine BNI shareholders will weigh this scenario when it comes time to make their decision. m
If we're going to have undesirables as shareholders, their gonna want a dividend, right? Well, what they think they want is unlikely to correlate strongly with what they get. And what they're likely to get is no dividends. Berkshire is in the business of getting a higher return on retained capital than what is generally available, which is in the best interests of the vast majority ...
Can A's and B's be treated differntly with respect to dividends? In other words, could Berkshire set dividends for A shares while excluding B shares? PP
PP, No Berkshire dividends while WEB, Charlie and maybe Gates walk the earth. The Chief Asset Allocator isn't going to give away one red cent for someone else to allocate. Doesn't WESCO pay a dividend? If BNSF folks or other shareholders want a dividend and they want Berkshire's asset allocation style they can buy WESCO. If he does have a BRK dividend the "pleasure pit*" won't be any...
WEB loves the thrill he gets allocating capital and he won't share that thrill with anyone. Hey, you make this sound like a bad thing. I'd rather have Heifetz playing the violin for me than do it myself. Same for any innocent bystanders, I expect. Jim
No Berkshire dividends while WEB, Charlie and maybe Gates walk the earth. I know that. I'm thinking about any future dividend policy. Could Berkshire decide to grant dividends to the A shares and not the B shares, or does the SEC require that they be treated the same with respect to any dividend policy? I got thinking about the investment decisions Buffett is making, and he is very ...
Googling around, I come up with: 1. Presumption of equality: all shares are presumed to rank equally in the absence of special provisions; 2. Changes: a company may have provisions for making changes in the dividend arrangements, e.g. between classes of shares. If they do, then these must be followed. If there are no such provisions, any new provisions would require approval by at ...
Thanks for the info. Not that I'm very worried that Buffett would ever dream up a scheme that would not be rigorously fair... Me neither. Howard, on the other hand, concerns me. ;o)
PP I think WEB does not like the double taxation on dividends, he may feel that capitol gains on sold shares for those that need income is preferable to taking his compounding of the cash flowing in.
WEB loves the thrill he gets allocating capital and he won't share that thrill with anyone. Hey, you make this sound like a bad thing. I'd rather have Heifetz playing the violin for me than do it myself. Same for any innocent bystanders, I expect. Jim __________ Not a bad thing at all for us shareholders... just an observation of how much he loves collecting businesses and ...
PP, Howie? Dividends? No way, will he cross his Pop. Here is an aside about Howie... A neighbor on the next street grew up in Omaha. He reports that his sister "went out" with Howie once or twice. As it happened, Howie and she did not become an item. She fell in love with someone else, has had a happy life with her husband and children, but as the A share price has gone higher ...
Thanks for the info. Not that I'm very worried that Buffett would ever dream up a scheme that would not be rigorously fair... Me neither. Howard, on the other hand, concerns me. ;o)
PP, Howie? Dividends? No way, will he cross his Pop. Here is an aside about Howie... A neighbor on the next street grew up in Omaha. He reports that his sister "went out" with Howie once or twice. As it happened, Howie and she did not become an item. She fell in love with someone else, has had a happy life with her husband and children, but as the A share price has gone higher and higher, once in a while she has gotten a...
WEB loves the thrill he gets allocating capital and he won't share that thrill with anyone. Hey, you make this sound like a bad thing. I'd rather have Heifetz playing the violin for me than do it myself. Same for any innocent bystanders, I expect. Jim
Has there been any discussion on the possible pressure to issue dividends once BNI shareholders are in place? If we're going to have undesirables as shareholders, their gonna want a dividend, right? I've got imagine BNI shareholders will weigh this scenario when it comes time to make their decision. m
Googling around, I come up with: 1. Presumption of equality: all shares are presumed to rank equally in the absence of special provisions; 2. Changes: a company may have provisions for making changes in the dividend arrangements, e.g. between classes of shares. If they do, then these must be followed. If there are no such provisions, any new provisions would require approval by at least three quarters of the holders of the class which would...
PP I think WEB does not like the double taxation on dividends, he may feel that capitol gains on sold shares for those that need income is preferable to taking his compounding of the cash flowing in.
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