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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: PhoolishPhilip   😊 😞
Number: of 21944 
Subject: Re: Dividends
Date: 02/28/24 10:28 PM
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One logical consequence of that view is that it's the government's job to actively ensure that there are always lots of very poor people elsewhere in the world, as it's the only way to defend that "right" against the risk of widespread prosperity. Not a policy goal I would endorse!

This is absolutely ridiculous and can only make sense if you ignore the giant chunk of national income that flows,as a birthright, to owners of capital, a la Alice Walton. Poverty wages in Bangladesh are not the result of high wages of autoworkers but rather are a consequence of the high dividends received by Alice Walton. How does widespread prosperity result from the redistribution of income from wages and salaries? It must also come from the redistribution of income from returns on capital.
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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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