My vote goes to a special Large dividend from APPL with true excess cash at this valuation. BRK would only pay 14% on the dividend in taxes as it's held within the insurance cos. I trust WEB to allocate more wisely than I do Tim, but we gotta hand it to Tim- over 40% shrinkage of share count over 10 years- pretty dang Impressive! Agree, WEB is like a teenager in love wrt Apple, Tim Cook and it's incredible sticky ecosystem so I think he does not mind the pricy buybacks here as much given he gets a larger piece of the long term pie for his partners and sees it as the Hope Diamond. Yes, call me a fanboy, but I find it quite hard to trim such a gem, even knowing it's very likely overvalued. Nearly always regret trimming my long term flowers in the garden.