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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: Labadal   😊 😞
Number: of 21944 
Subject: Re: Apple
Date: 12/02/25 3:57 PM
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No. of Recommendations: 6
Calling it straight up: this is outcome bias in its purest form.
You’re judging a past risk-management decision using today’s price chart. That’s not investing — that’s hindsight bravado.


Exactly. Annie Duke refers to this as "resulting." She defines it as the tendency to judge the quality of a decision solely based on its outcome, ignoring the roles of process, luck, and uncertainty.
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Members reply directly to Labadal here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
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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