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Channel: William Bratton – Concurring Opinions
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Berkshire’s Dividend Policy: Part I

Prof. Bratton Way back in 1996, when Larry Cunningham asked me to contribute a paper to his original Warren Buffett symposium at Cardozo Law School, I picked dividends as my topic.  I had two reasons,...

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Berkshire’s Dividend Policy: Part II

Part I of this post left off with the 2011 Berkshire Annual Report, included in Larry Cunningham’s third edition of The Essays of Warren Buffett: Lessons for Corporate America.   There the story of...

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