No. of Recommendations: 0
I had much the same feelings as you on reading the article. Russo is often quoted by the financial media around the time of the annual report and AGM, but rarely provides any meaningful insight on BRK or Buffett.
And to think that the accounting treatment of Occidental's earnings (equity accounting, beyond a 20% ownership) would be an additional motivation for Buffett, shows even less understanding of Buffett
I agree accounting treatment would not influence Buffett in deciding to invest. However a lower tax rate on dividend would be an added bonus, boosting total return.
