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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: BreckHutHigh ⎊  😊 😞
Number: of 21944 
Subject: Jim Sloan: Berkshire For Recessions
Date: 04/25/23 3:40 PM
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Berkshire Hathaway Can Serve As A One-Stock Defense For Recessions And Severe Bear Markets

"While I own an insurance stock, two consumer staples stocks, two health care stocks, and two defense stocks - none of them are highly correlated to the other sectors - my ultimate defense against recession is Berkshire Hathaway, which is also my largest position. I am comfortable owning six times as much Berkshire as my next largest position because Berkshire is internally diversified and possessed of both an excellent credit rating and a fortress balance sheet. While Berkshire has single-stock risk and key-man risk, both these risks are well known and accepted by sophisticated investors, including many who have left comments on my many SA Berkshire articles. Berkshire's leadership has a deep bench and succession has been dealt with in a way that inspires confidence. One other virtue is that the winners overpower the impact of less successful acquisitions just as they do in cap weighted index funds"

seekingalpha.com - Berkshire for recessions but the time to prepare for a flood is before it starts raining

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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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