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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: FlyingCircus   😊 😞
Number: of 21943 
Subject: Re: Diversifying away from Berkshire
Date: 12/28/22 5:44 PM
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I've actually built a screen for this in Fidelity's screener. Takes about 30 minutes to vet up a good list of candidates as a 'screen of screens'.

Like most things in the stock market this year, it did not have a good year outside of energy stocks, like TPL. Most trades were negative, I stopped out of several at @8% down.

One year doesn't make or break a screen/strategy. User errors:
* buying any individual stocks in a bear market (defined by tracked indicators). My FOMO on a bottom got in the way of my eyes.
* Trading monthly (HTD20). I missed the 6 month hold guideline in a early 2021 post by Mungo. Although, there wasn't much turnover in the top stocks month to month.

I also modified it a bit because Fidelity does (now) have TTM rev growth and most recent QoQ revenue growth in addition to the fiscal year #.

It's identified some really profitable and growing companies, like BLDR, ROAD, TPL &c. It also comes across some somewhat sketchy small caps and several MLPs that just shouldn't be held in a taxable account.

Welcome (back) here, Mungo.
FC
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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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