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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: rayvt 🐝  😊 😞
Number: of 21940 
Subject: Re: Tariff reaction tomorrow?
Date: 02/03/25 11:16 AM
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No. of Recommendations: 22
“Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.” – Peter Lynch

"More Money Has Been Lost Avoiding Risk Than at the Point of a Gun"

"Until you realize taking a beating is a normal part of long-term investing, you’ll hurt the overall performance of your portfolio.
Staying with your strategy during a pullback is difficult, and it never gets any easier."

"It’s ok to be wrong; it’s staying on the wrong side of the trend that is the problem. And doing that starts with too much beliefs and expectations about what’s going to happen next. "
-- Mike Shell

"When the market finally corrects, observable shifts will begin to occur. There is no need to anticipate, predict, or forecast." -- Chris Ciovacco

"Stop trying to figure out what is going to happen and pay attention to what IS happening & adjust as needed. Paying attention is much easier and more effective than forecasting."



I can't believe having to post these on the BRK board.
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Members reply directly to rayvt here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
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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