[Eisenstein]

> The companies currently not doing those things are in a growth phase, with the expectation that in the future they probably will be issuing dividends/buybacks.

Berkshire-Hathaway has only paid dividends once since Buffet took over, and is the highest priced stock listed on the NYSE.

[fiprofessor]

But Berkshire Hathaway does do stock buybacks.

[scotty79]

Periodic stock buybacks and resales are a slow version of pump and dump.