Which is still underperforming and trading at what remains an undervaluation so much so that they are buying back stock methodically.
The dividend should be next although having posed the question to Munger over time, it's apparent that the two wise men will have to pass on before a dividend will ever be paid.
Ultra wealthy, eh? Does the stock in their draw provide them warmth or comfort laying as a piece of paper without any guarantees exposed to losing significant value at any time, and for a plethora of reasons not directly tied to the underlying businesses that are inside the holding company?
One cannot live inside of a piece of paper, nor can one realize any nourishment from it lest they "liquidate."
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