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 (7) |
Author: Mark   😊 😞
Number: of 21944 
Subject: Re: Jeremy Grantham on the meltdown coming
Date: 02/28/25 10:38 AM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 2
if Buffett refused to buy brkb at 440ish, it was unlikely to visit 500ish by june 20Th 2025, hence I'm short calls on 80 % of my stock. I forgot Uncle Warren has no idea how to value his life's work.

But there is more than one reason he might not buy BRK stock! One reason is that he thinks it is "too expensive" but another reason is that he may think that OTHER things are also too expensive and might become less expensive soon and be prime opportunities to buy. What is most likely is that it is a combination of a bunch of things he may think:
1. He thinks Berkshire is too high to buy back right now.
2. He thinks everything is a bit too high.
3. He thinks everything might drop soon, but that other stuff he likes will drop more than Berkshire will drop.
4. He thinks getting 4+% while he waits is sufficient for now.
5. He thinks it is "fair" to leave a huge chunk of cash for his successor to deploy, to put his own imprint on the portfolio, and is planning on retiring sometime soon (when you are 94 1/2, it is by definition soon no matter what).
6. ?
Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to Mark 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 (7) |


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