Post #15167 by mungofitch on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)

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If you're interested in circles, don't buy a square.

And in particular, if you DO buy a square, don't keep asking for rounding the corners.

Dividends are like hats. The company can let its stock go up in price. You can sell some, and buy a hat you like, cheap or expensive or none at all. Or the company can pick a single hat that they think will suit every shareholder, and mail the same hat to everybody whether they want it or not, without any consideration of the fit or cost.

Dividends are either too big or too small an amount for almost everybody.

Jim

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