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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: very stable genius   😊 😞
Number: of 21939 
Subject: Re: Crypto Capital
Date: 08/02/24 6:29 PM
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No. of Recommendations: 5
A question for the board:

At what price did you first decide that Tulip Bulbs had no value?

Were you right or were you wrong?

Tulip Bulbs provide a utility, they are beautiful and some are quite rare. They can be a store of value. If you want and like the utility they offer you have to buy Tulip Bulbs to get it.
If more people buy Tulip Bulbs the prices go up. That certainly was the case and there was a multi-year year track record supporting that assumption. What is so hard to understand? I don't get it.
Or is it something else? You're so vested in the USD you attack anything that competes with it? After all, it must be evil if its adoption is contrary to your perceived personal interests.

The silly one with poor reading comprehension, and an affinity for Tulip Bulbs!

investopedia.com - Dutch tulip bulb market bubble
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Members reply directly to very stable genius 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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