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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: flightdoc 101 🐝  😊 😞
Number: of 21937 
Subject: Re: Climate Change +Inflation Great for Insurance
Date: 05/09/24 12:22 PM
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I think you are misusing the work "theory" in its most strict meaning. In common parlance, when we say we have a theory, we mean I have an unsubstantiated guess, and I'm working on finding corroboration. In scientific literature, we would call that "hypothesis".

A theory when referring to scientific study is the best explanation of observed data which gives useful prediction. Theories can change. Newton's theories or motion are replaced by Einstein's but that does not make Newton wrong, only less precise at extremes of motion.

The theory of climate change should be regarded with the same level of skepticism as the theory of gravity. Neither is perfectly well defined, but they are both more than hunches or guesses thrown about with scant corroborating data. More research will refine both but it is highly unlikely that the understanding of either will be upended by new findings.

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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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