Mr. Milquetoast admires Warren Buffet and believes that Berkshire Hathaway is a good investment. He wants to

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Mr. Milquetoast admires Warren Buffet and believes that Berkshire Hathaway is a good investment. He wants to invest $100,000, but hesitates because Berkshire Hathaway has never paid a dividend. He needs to generate $5,000 per year in cash for living expenses. What should Mr. Milquetoast do? That Berkshire Hathaway's Class A shares have in recent years sold for more than $100,000 but class B shares are available for substantially less.
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Principles of Corporate Finance

ISBN: 978-1259144387

12th edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen

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