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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: Texirish ✹  😊 😞
Number: of 21939 
Subject: Re: Use up all our cash and some?
Date: 12/05/23 6:13 PM
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I don't know but we can all hope it isn't some piddling indignity like owning a puny sub-6% of a $3 Trillion dollar company. That's just embarrassing.

nola

Speaking more seriously, I agree with your basic point. Why stop at 6%? And aren't there other great such companies? Is Google really at that much risk long term of being displaced?

BRK itself is probably the largest great company at a reasonable price with a predictable future. But it trades in such low volume that you can't spend enough buying a low percent of daily sales. You have to make an offer to buy back a large chunk at a reasonable price that could attract sellers.

These options are obviously known to Buffett and - so far- he has chosen none of such. What can we conclude except that he's waiting for a better deal?

I guess "We only serve who only stand and wait."

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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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