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 InsteadExcess Returns
Created: 8/12/2026, 6:13:17 PM

My Notes

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