I can't help but wonder if Buffett's dividend focused strategy will continue to be a successful approach in the future. Buffett is no slouch, but seems to have fallen behind relatively unsophisticated investors like Musk and Zuckerburg as time went on and they focused on valuation more than returns/profit.
> relatively unsophisticated investors like Musk and Zuckerburg
They're sophisticated government contractors. They've insulated themselves from the wiles of the market.
Musk and Zuckerberg, investing it's not their main thing they happen to have shares in companies they're CEO of, and their main activities it's managing them not investing
Musk and Zuckerberg are primarily entrepreneurs, not investors.
Buffet's strategy assumes a rational market, so I wouldn't expect it to work as well in an environment where stock market valuations are increasingly vibes-based and often wildly inflated by circumstances that should be illegal (like selling X to xAI to generate a voodoo valuation).
Arguably the entire market is heavily overvalued now, though, so while his strategies are probably no longer optimal, they'll probably continue to work out well enough at least until the next big correction.