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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", sykesix asked the members: "What do you do if you arrive early at movie besides go to the snack bar?" 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: OrmontUS ✭✹🐝 HONORARY
SHREWD   😊 😞
Number: of 22989 
Subject: Re: Expected value
Date: 12/04/25 7:16 PM
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No. of Recommendations: 2
Jim's tax position is relatively rare, so the challenge is wrestling with selling at a profit (and helping finance the government with your enforced "charity") or standing pat with the hope that your profits will be sustained. The problem comes with that 25% (or whatever) drawdown from time to time and whether your psyche allows you to hold until the next hill on the roller coaster. It may be far more desirable to bite the tax bullet and buy back at the trough - with the understanding that 1) it may take an extended period of time until that event take place and (again that psyche thing) it may seem insane to take your hard-earned profits and throw them into the apparent maw of the vortex of a market crash.

Jeff
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This community has written 22,499 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 · 58 recs · 2023
Summary of 2Q 2026 · 55 recs · 2026
3Q Summary · 53 recs · 2024
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