3 Comments
Dec 17, 2023Liked by The Rational Walk

Due to the fact that I’m very concentrated in Berkshire I use this strategy as a way of reallocating from Berkshire. Reinvest my self made dividend into other opportunities and as it turns out I have more dollar value in Berkshire than when I started.

Expand full comment
Feb 18, 2023Liked by The Rational Walk

A Classic TRW writing. Thanks for the article.

Expand full comment
Feb 17, 2023Liked by The Rational Walk

Fantastic piece and a common conversation topic among many Berkshire owners. Buffett wrote extensively about creating your own dividend several years ago in the A/R.

I agree with you that many investors just cannot wrap their head around having less shares. Much as I hate to admit it, I was in that camp at one time. The chart you presented showing Buffett's charitable contributions spell it out perfectly. Again, thanks for the column.

Expand full comment