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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", sykesix asked the members: "What do you do if you arrive early at movie besides go to the snack bar?" 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: very stable genius ✶  😊 😞
Number: of 22989 
Subject: Re: Climate Change +Inflation Great for Insurance
Date: 05/11/24 9:45 AM
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No. of Recommendations: 14
<<Like Buffett and Jain and especially the late Charlie Munger I’m an agnostic who acknowledges some impact of modern industrial era behavior on present climate.>>

Warren and Ajit are not "agnostic" like you...

Buffett: "Climate change, it’s a terrible problem just in the fact that the United States particularly has been the one that’s caused the problem the most.
And then we’re asking poorer societies to say, well, you’ve got to change the way you live, because we live the way we did. But that really hasn’t been settled yet.
It’s a fascinating problem to me, but I don’t have anything to add to how you really slice through the world."

Buffett: "Climate change increases risks and in the end it makes our business bigger over time. But not if we mis-price them, we’ll go broke."

Jain: "I think the insurance industry, in spite of climate change, in spite of increased risk of fires and flooding, it’s going to be an okay place to be in."

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This community has written 22,499 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 · 58 recs · 2023
Summary of 2Q 2026 · 55 recs · 2026
3Q Summary · 53 recs · 2024
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