Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of BRK.ABest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of BRK.ABest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd


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.
Answer this questionContinue to Shrewd'mThis note won't appear again
Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
Unthreaded | Threaded | Whole Thread (39) |
Author: palmersq   😊 😞
Number: of 21941 
Subject: Re: A New Berkshire
Date: 08/17/26 2:41 AM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 18
If Buffett thought he had a better choice, why wouldn't he have done so?

Because he doesn’t own the world. Even Buffett has a finite set of options and multiple constraints. I’m not saying Greg was a bad choice. He may simply have been the best choice Buffett had, but that by itself doesn’t tell us much about whether he can meet the challenges Berkshire now faces.

I’m getting a bit tired of beating up on Greg.

I don’t think anyone here is interested in beating up Greg or bad mouthing Berkshire. Could it simply be that some of us, without such a strong vested interest in Berkshire’s success, are more willing to challenge the assumptions? A recurring trap in investing is that the more committed we become to a company or thesis, the harder it can be to question its key assumptions without unconsciously defending the conclusion.

In Berkshire’s case, the question is not whether Greg is a good man or a capable operator, or whether Buffett left him a difficult hand. The question is whether the assumptions required for Berkshire to generate meaningful outperformance are actually supported by evidence. Given Berkshire’s size, its enormous capital base, the maturity of many of its businesses, and the change in capital allocator, I think those are entirely reasonable questions to ask.
Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to palmersq 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
Unthreaded | Threaded | Whole Thread (39) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community