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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: nola622   😊 😞
Number: of 21941 
Subject: Re: Closed at $475.92, up $7.55 today
Date: 08/30/24 10:18 PM
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The closing bell panic buying was unusual. Any ideas why?

The broader market did the same thing, especially XLF type financials and insurance companies.


I would assume it has a lot to do with options expiration. That is certainly a big driver for BRK shares since it creates an effective short position in a fairly illiquid stock for a $1 trillion enterprise.


Like I said a while ago - it's y'all and your short calls LOL
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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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