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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: nola622   😊 😞
Number: of 21944 
Subject: Re: OT: Biglari Holdings (BH)
Date: 04/01/24 11:50 AM
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I haven't read the details of how he happened to sell the BC "business" to BH for $4.2m and then buy it back again for $1.7m

He sold the Biglari Capital business (the GP of the Lion Fund 1 & 2 hedge funds) to Biglari Holdings for $1. It was later sold back to him.

The compensation package is very large and will even pay incentive compensation for what I would consider mediocrity (a 7% return on equity each year would trigger some bonus payment since it exceeds the 6% hurdle). And since the 6% hurdle doesn't compound above the high water mark annually, eventually it will be surpassed even with savings account interest.
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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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