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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 21937 
Subject: Re: Repurchase price
Date: 02/26/23 12:44 PM
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No. of Recommendations: 13
Wondering whether (1) the latest AR has negatively influenced your assessment of the advisability of holding BRK long term...

Nope.
Sometimes they have a slow couple of years, sometimes they have a fast couple of years.
But the money keeps stacking up, and they don't take any big risks. I don't see either of those changing.
Slowing, yes, but not going away.

I generally count on them managing inflation + 7%. If I ever have a reason to abandon that view, I'll reassess my long term commitment.
My conservative expectation is inflation plus 7-8%.
I hope for more than 8%, but whenever we get it I view is as yet another one-time bonus.

As mentioned, the slope of the trend line has been inflation + 8.58% in the last decade or so.
It has been a good stretch, particularly 2016-2021 at an implausible inflation + 10.9%. A little slower lately, it seems.
An optimist's view:
Maybe there is just a lag for inflation and fuel costs to feed through to their revenues, particularly the regulated divisions.

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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