4 ms·

Interesting choice of words on his part. The stock goes down for every company. Anytime a dividend is declared the stock price is adjusted down by that same amo

• stevenj 15y ago
  That's true. Though he also said this (it was paraphrased by a reporter, so it's not a direct quote): Shareholders benefit more from leaving their money with him and reaping a handsome return than by getting a regular payout and depleting the Berkshire war chest. *Same source as above
  • chrisbolt 15y ago
    Interesting. If a company pays dividends, does that mean it doesn't have confidence that it can make as much money as its investors could make by investing their money elsewhere?
    • count 15y ago
      Isn't that sort of the definition of a dividend?