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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" 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: very stable genius   😊 😞
Number: of 21944 
Subject: Re: O/t, retailers fighting back.
Date: 06/15/23 10:25 AM
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No. of Recommendations: 30
<<Yo genius, Kroger just reported, I shop in the same Smiths for 18 years. I know a few of the long time checkers, , management, etc , and we talk, off the record. Let's just say in very good neighborhoods, shrinkage is a serious problem take it from a conspiracy nut.... Hc>>

Yo HC! Here are words that are genuinely meant to be helpful. Perhaps your conclusions are correct,
perhaps retail theft is worse than ever and the end of the western world is near.
But you really need to get better sources of information.
The ones you are using (conspiracy theory websites) are making you look dumb and are making the word a worse place.

The latest National Retail Federation survey found that "the average shrink rate in 2021 was 1.44%, a slight decrease from the last two years but comparable to the five-year average of 1.5%."

Hardly sounds like an apocalypse.

nrf.com - Nrf reports retail shrink nearly problem

PS I miss the old HC, who's only concern was that strippers would not accept Intrinsic Value!
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This community has written 21,448 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 · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
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