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1. What are the advantages and disadvantages of paying cash dividends compared to no cash payments? 2. What are the advantages and disadvantages of share

1. What are the advantages and disadvantages of paying cash dividends compared to no cash payments?

2. What are the advantages and disadvantages of share buybacks compared to no cash payments?

3. Which alternative (cash dividend, buybacks, no dividends or other policies) would be best for Berkshire Hathaway shareholders?

4. Which alternative would you recommend and why?


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