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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: mungofitch 🐝🐝🐝 GOLD
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Number: of 21944 
Subject: Re: A New Berkshire
Date: 08/16/26 10:07 AM
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No. of Recommendations: 25
Greg has done a good job with the capital allocation.

Hmmm. Opinions differ. For someone who doesn't just take that as a given:

He spent many years as boss of MidAmerican, and we ran smack into the problem that the capital was all allocated with much more risk than he appreciated, without state level financial firewalls, endangering the whole edifice. It relied not only on the kindness of regulatory strangers, but the whole thing relied on the kindness of each small set of strangers.

And he has been in charge of non-insurance operations for several years now. Earnings in that entire division shown here in pink.
https://www.stonewellfunds.com/BerkshireTwoColumnR...

I'm not saying he's bad, I presume Mr Buffett knows his skills well and has deemed him not to be a fool. But I think it's fair to say that there is missing or at best conflicting evidence that he's good at capital allocation.

Jim

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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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