Tuesday, May 22, 2018 1:40:28 AM
On the dividend I’d agree that that doesn’t seem likely anytime soon. Also, why would we want that? Mature companies with nothing else to do with cash pay dividends. If you have something better to do with the cash, do that. I’m pretty sure Berkshire has never paid a dividend. They keep finding better things to do with the money. I think Wilson and team have shown a track record of finding growth prospects, which is where the money should be going imo, rather than any dividends.
If he starts paying dividends, that just says he can’t find any more good companies to acquire, which kind of defeats the entire purpose of this disruptive holding company structure he’s building.
Also I saw that Overstock.com made an investment in Elio motors recently. Why I’m not sure lol, but maybe something with Elio may actually happen. If it does, maybe Alpines agreement with Elio to supply brake active (and possibly 6th Sense??) could turn into something good. I’m not getting my hopes up on that one, because I also saw that Elios big turn around is relying on a crypto launch?? Wtf? This guys making 3 wheeled cars and crypto?? But anyway, maybe something interesting will happen there.
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