1997-Afternoon Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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The Importance of Not Paying Dividends
Berkshire Hathaway is a corporation that pays no dividends. Buffett: "We don't pay dividends because we think we can turn every dollar we retain into more than a dollar of market value" The only reason for us to keep your money is if it becomes worth more by us keeping it, he says.
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Transcript
