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To: LeGrande

I don’t mean to question your post, but you probably shouldn’t have claimed to have purchased anything with your dividends from Berkshire Hathaway stock.


32 posted on 05/21/2008 1:31:54 PM PDT by Mr. Lucky
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To: Mr. Lucky
I don’t mean to question your post, but you probably shouldn’t have claimed to have purchased anything with your dividends from Berkshire Hathaway stock.

You are absolutely right, Berkshire doesn't pay dividends, he reinvests the dividends instead of paying them. With conservative growth stocks like BRK, I impute the dividend. I typically avoid dividend paying stocks because of the tax penalty. BRK has averaged better than 8% growth so I give it an imputed dividend of apx. 6%.

33 posted on 05/21/2008 2:25:52 PM PDT by LeGrande
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