Meredith holds Berkshire in his taxable accounts and relies on never paying a dime of tax through a combination of: never receiving dividends (preferring buybacks), counting on the government not changing the tax code, and counting on receiving a cost basis step-up at death—so he opposes regular dividends but would accept a special dividend.

factualpending

Speaker

Chris Meredith

Evidence Quote

“I don't want to pay dividend taxes on my investment... I'm banking on the government not changing the tax code and I'm banking on getting a cost basis step up at my death”

Source

We Asked Chris Bloomstran Why He Won’t Own the S&P 500 At These Levels — And What He Does Instead— Excess Returns
Created: 8/12/2026, 6:13:17 PM

My Notes

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