The irony is stark. Warren Buffett is a vocal advocate of investing in companies that pay dividends. Be it IBM, Coca-Cola, American Express or Wells Fargo, Procter & Gamble, Walmart or ExxonMobil, Berkshire Hathaway’s favourite investments all pay dividends regularly. But Berkshire itself hasn’t paid out a cent in dividend since 1967. That year, it paid 10 cents a share and the Oracle of Omaha insists, even now, that he must have been in the bathroom when that decision was approved.
Have cash, will hoard
It's not just Infosys, a clutch of heavyweights, too, are sitting on a huge cash pile
Summer wine and salad
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