Becky Quick Needs To Stop Fawning Over Warren Buffett.
Ok, we get it. Quick and Buffett have a mutual admiration society. However, Becky Quick needs to stop genuflecting in the presence of the Great One and start asking some tough questions.
For instance, when is Mr. Buffett going to release his death grip on the billions he has accumulated, thanks to the Bull Market and the Trump tax cuts, and start sharing his profits in the form of dividends with his loyal shareholders? A buyback may raise the share price (and further enrich Mr. Buffett), but if the higher priced shares are sold they are gone. Period!! A dividend would enable shareholders to see their holdings accumulate through additional shares,further increasing the value of their holdings.
Those of us who have been loyal to Mr. Buffett and to Berkshire Hathaway are not children. His lame explanations about why he has been reluctant to declare a dividend are condescending and insulting. And, yes, one could always get rid of the holding if Mr. Buffett persists in guarding his billions with pit bull tenacity...however, how nice it would be as he gets ever closer to retirement, if he were to start paying dividends to those of us who have displayed loyalty to Mr. Buffett and to the stock.
So, Ms. Quick, perhaps Mr. Buffett might be taken aback if you stopped playing softball and confronted him on this issue. It would certainly make the show more interesting than watching the two of you making moon eyes at one another over treacly interviews.
And, by the way, I agree with those viewers who question what her co-anchor, Joe, brings to the table except incoherent rambling. There have to be more competent and knowledgeable moderators somewhere out there.
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