written by reader Why would I buy Berkshire?

By downedperiscope, March 15, 2021

Somewhat of a clickbait title, but let me explain myself.
I love the idea of potentially being able to live off dividends when it becomes my time to retire. I would love to be able to never have to actually sell my retirement stocks to fund my retirement or do so at such a low rate that I should have plenty left over to pass on to someone when I die.
So if I never make a dividend from Berkshire, the only way to actually use it to retire is sell it back for cash or to reinvest it into a stock that DOES pay a dividend, which then cuts into the prospect of having stocks/bonds/etc left over to pass on to someone. And since Berkshire’s rate of return has been historically lower than the S&P it just doesn’t quite make sense to me.
So I ask again, why would I buy Berkshire?

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