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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: sleepydragon   😊 😞
Number: of 21937 
Subject: Re: BRK: Why Not XOM?
Date: 12/19/24 6:56 PM
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No. of Recommendations: 13
Come on, brk is not a hedge fund nor mutual fund. The goal of T&T is to manage insurance float and get a reasonable return on the money that they may need to pay back in the future. It’s owner’s money. Rule number one is dont lose money. This is different from hedge funds where they need to maximize this year’s return to get the biggest bonus.

If Buffett wants them to chase returns, I suspect they can be more aggressive. But most short term alphas /quick money are done through shorting stocks or on the long side buy special situations or OTCs . These are not scalable to Brk’s size and has a none zero chance of permanent lose of capital

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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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