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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: newfydog   😊 😞
Number: of 21944 
Subject: Re: So 9 years later
Date: 09/01/24 7:05 PM
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No. of Recommendations: 10
I remain rather perplexed that this crew, of all groups in the world, has concluded that an investment is a total bust and was obviously a stupid idea primarily because the price is down after a year. Do folks give up that easily?

That lead me to do a bit of googling:

"In terms of how long stocks stick around in a portfolio, the average investor holds shares for 5.5 months. This is according to an analysis of New York Stock Exchange (NYSE) data conducted by Reuters. The analysis also revealed that the average stock holding period has been trending shorter and shorter. In the 1950s, for instance, a typical investor held onto their shares for eight years on average."

It would seem that among a group which has become well off following a man whose values have not changed much since the '50's, who says the ideal holding period is "forever", that most would have some patience. I imagine most do. I spend half the year in northern New Mexico, where these stores are in every little town. They save a lot of driving. I don't see them going away. I'll sit tight and will be interested to watch how this one evolves.
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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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