01-12-2016, 09:18 PM
(01-12-2016, 09:19 AM)Kerim Wrote:(01-12-2016, 08:59 AM)DividendGarden Wrote: Berkshire Hathaway just bought another 800k shares of PSX, bringing their ownership of the company up to 12%.
http://seekingalpha.com/news/3025266-ber...-66-shares
Outdone by Buffett again. I only bough 750,000 shares of PSX last quarter.
=====
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan