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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: rochish   😊 😞
Number: of 21944 
Subject: Re: Dealraker made a point worth contemplating: "
Date: 09/23/23 3:40 PM
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"But you have a guy living in Monoco advising you on a business or even a complete life environment he's never seen or stepped into. A business that's dependent on fixed income generally very low income people making what's often impulsive/indulgent/non-essential purchases."


Mr. Buffett is famous for not having visited or even having seen the operations of most businesses he has purchased. In the talk at the University of Florida in 1998, he was speaking about his (then recent) purchase of Gen Re and joked "I hope the business is there" to the crowd's laughter :-)

By that logic, should we stop listening to Mr. Buffett as well?

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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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