“We have a very simple arrangement in terms of what we do with money—we look for the most intelligent thing we can find to do…. We measure alternatives against each other, and we measure alternatives against dividends, and we measure alternatives against repurchase of shares. But I have never seen a cost of capital calculation that made sense to me.” —Warren Buffett
Links - 04/16/2024
Links - 04/16/2024
Links - 04/16/2024
“We have a very simple arrangement in terms of what we do with money—we look for the most intelligent thing we can find to do…. We measure alternatives against each other, and we measure alternatives against dividends, and we measure alternatives against repurchase of shares. But I have never seen a cost of capital calculation that made sense to me.” —Warren Buffett