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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: mungofitch 🐝🐝🐝 GOLD
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Number: of 21944 
Subject: Re: Other than Berkshire...
Date: 05/05/25 7:40 AM
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No. of Recommendations: 17
Fairfax Financial would be my pick (and is also my largest single position)

Hmmm, I've never felt entirely comfortable with them. A bit too close to financial engineering, and a bit to keen on large macro bets, leading to multi-year stretches that look great or terrible. More hat than horse.

My first thought for the criteria I mentioned is Loews (L). They have had some hits and some misses since I first owned some in 2010, and it was certainly a very bad place to have your money between the credit crunch and the pandemic compared to a random big firm, but they always seemed rational and trustworthy. They do seem more comfortable in the oil and gas realm than I; I always do poorly there.

Right now I'm reading up on Investor AB. Sometimes called the Nordic Berskhire, though there are so many "The XXX Berkshire" firms that it becomes tiresome! Founded 1916, I think of them like a publicly listed family office's portfolio.
Some introductory links mentioned in this post on the Non-US Stocks board.
mungofitch replies on Investor AB (US ADR IVSBF)

Jim
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Members reply directly to mungofitch here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
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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