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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: mungofitch 🐝🐝🐝 GOLD
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Number: of 21944 
Subject: Re: Berkshire's strange market behavior...
Date: 01/08/25 10:26 AM
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Purely from memory (so not a hard fact and I might stand corrected) this is what I often see since several weeks. Why?

Speculation:

The last couple of weeks have seen unusually frequent sloshing back and forth between speculative and defensive moods. Berkshire is seen as quintessentially defensive, so the few people who trade stocks will buy it when the mood swings that way. More often it is money going into an ETF representing the mood of the moment, most of which are cap weighted, so Berkshire gets pulled along with whatever index or sub-index or sector the fund tracks.

The more surprising thing is the longer term: Berkshire's market price return has been essentially market tracking over quite long periods, but in particular almost all of the last 2.8 years. No sloshing there. As above, it seems nobody buys individual stocks any more : )

Jim
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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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