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Re:Warren Buffett Steps Down as Berkshire Chairman, Names So... by skybrian on Friday September 18, 2026 @12:17PM (#49756571)
But in that case, you do have to sell to get any cash out, so "never selling" is similar to reinvesting dividends.
Re:Warren Buffett Steps Down as Berkshire Chairman, Names So... by 15155 on Friday September 18, 2026 @01:14PM (#49757331)
Why would I want someone creating taxable events for me? Under the current tax regime, buybacks are vastly superior.
Re:Warren Buffett Steps Down as Berkshire Chairman, Names So... by intuitionist on Friday September 18, 2026 @03:14PM (#49758881)
As long as you have an accurate sense of the intrinsic value of your shares at any given time; there is a price at which buybacks destroy more value for continuing shareholders than they would lose to taxes on dividends.