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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: rogermunibond ⎊  😊 😞
Number: of 22989 
Subject: Re: Income from BH subsdiarie debt
Date: 03/10/25 2:52 PM
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No. of Recommendations: 4
That's generally correct. The utilities, BHE, BNSF debt is non-recourse.

However, BHFC debt (used by Clayton for manufactured home financing) is recourse debt. So it does usually trade at a lower yield.

BHFC 2043 debt trades at 5.336% (discount bond 88.032; 4.3% coupon).

It does seem like the parent company guarantee isn't worth more than 30-50 bps.
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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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