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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: Said   😊 😞
Number: of 21939 
Subject: Re: BRKB vs SPY last 5 years
Date: 03/13/25 5:38 AM
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No. of Recommendations: 3
Credit where credit is due indeed, but sometimes it is better to be lucky than good. TSLA has P/E of 113 and a PEG ratio at 8.8, if my math is correct. That is extremely aggressive pricing.

This is your/our line of thinking. Divi´s thinking was different, he would have called this "old school, hopeless, not seeing that Tesla is much more than just a car company ... battery company ... intellectual property ... vision ... potential ... future synergies ...".

This is a different way of thinking. I am far from defending it. Actually I was the one that constantly mocked him and repeatedly challenged him to a longterm bet on longbets.com about Berkshire versus Tesla (a challenge he conveniently ignored).

But it's a kind of relativism to apply your/our thinking to dismiss that he actually was right with Tesla, to say: "Because that price according to my thinking is not justified Tesla having been a 10-bagger MUST have been luck" --- this is just an expression of our view, our narrow thinking, not necessarily reality. The fact we know is that he was right.
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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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