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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: Mark   😊 😞
Number: of 21944 
Subject: Re: OT-Guy Spier’s Aquamarine Fund
Date: 04/25/24 3:34 PM
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No. of Recommendations: 3
"BRKs future may be better off by investing excess cash in indexes."

There's almost no way this could be true. The excess cash is always there waiting on the sidelines for a sudden good deal that shows up. Most of the time, sudden good deals show up after a big drop. If the excess cash is in an index that means they would have to sell during or after a big drop to free up the cash to pay for the sudden good deal. Remember the GFC? Those few good deals showed up very quickly and Berkshire needed ready cash to fund them. And those good deals proved to be very profitable over time.
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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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