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Isn't this similar to Berkshire Hathaway's strategy - never pay dividends, but reinvest everything into growth opportunities? Although Berkshire Hathaway likes
by clamprecht 12y ago
Isn't this similar to Berkshire Hathaway's strategy - never pay dividends, but reinvest everything into growth opportunities? Although Berkshire Hathaway likes to hold a pig pile of cash until the right growth opportunities can be found, while I'm not sure about Amazon's cash reserves.
* Also, this means no capital gains taxes until you sell your shares, because there are no dividend payments.