Subject: Re: Numbers
Right now it would be too costly from a tax position for Buffet to stomach.

Not correct. Buffett at this stage is agnostic to a dividend because he could just donate the dividend proceeds in cash to charities and get a 100% tax deduction for the cash donation. So it's a wash for him.

But it is very painful for long term shareholders of BRK stock like many of us on this board with very low cost basis. We & they don't want to suffer the tax consequences of a dividend. As Buffett explained to us, they could just manufacture their own dividend when they need cash by selling a portion of their stock & by paying tax only on the capital gains as opposed to the entire proceeds of a dividend.