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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", sykesix asked the members: "What do you do if you arrive early at movie besides go to the snack bar?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: hclasvegas   😊 😞
Number: of 22989 
Subject: brk, American taxes, stew, into 2029
Date: 11/04/26 5:59 AM
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I no longer have to say, AFTER the Dems take the house and senate, it's now a done deal.

The Dems are now a 62-38 % favorite to control the white house in 28 as well. imo, Ossoff and Aoc will be very hard to beat, but it's early. Vance might be a sitting president by 28, who knows?

Obviously, a national wealth tax is in our future, maybe 1-2 percent a year for 5 years would be easy to pass in 2029.

IF I had huge, unrealized capital gains like the Horejsi family, I would be trying to sell the entire fund to brk, depending on tax consequences both both parties etc, at an 8% or so discount to NAV.

IF that isn't an option, stew might do a tender offer for 10 % of the fund at a 5 % discount to NAV in the next two years. The current discount is 24 %.

Many tax loopholes currently enjoyed by the super-rich MAY be gone by 29, but it's better than even money that the super-rich will buy and own the new and improved Dem party as well, by 29.


" Family Control of STEW Shares
The Horejsi family, through two major trusts, collectively controls about 47.1% of the common stock of the SRH Total Return Fund (STEW), giving them near‑controlling influence over the fund’s governance

.

Who holds the shares
According to the fund’s latest filings, trusts associated with the Horejsi family — specifically the Susan L. Ciciora Trust and the Stewart West Indies Trust — together own 47.1% of STEW’s common stock
Panabee
Panabee
. This is a highly concentrated block of beneficial ownership." Good luck to all long-time shareholders in both brk and stew. hc
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This community has written 22,499 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 58 recs · 2023
Summary of 2Q 2026 · 55 recs · 2026
3Q Summary · 53 recs · 2024
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