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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" 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: LongTermBRK ✹🐝  😊 😞
Number: of 22347 
Subject: Re: Waiting: Then and Now
Date: 09/16/26 10:04 AM
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Agreeing on that could be the starting point to discuss which factors were responsible for that completely different behaviour (and in which way that could be related to a potential AI crash), like:


I view it quite differently: Ithink 2026 is far more comparable to 2000 than to 2008.

Both 2000 and today were bull markets fueled by enormous enthusiasm around a transformative new technology—the internet then, AI now. The market behavior is nearly identical.

When the music stopped in 2000, money didn't leave the system the way it did in 2008–09. It rotated. Capital moved out of the wildly overvalued technology stocks and into reasonably priced value stocks and other parts of the market.

We've already seen small versions of that rotation during this cycle. If AI ultimately proves to be a bubble, I would expect a much more pronounced version of the same thing—and that's the environment in which Berkshire did exceptionally well in 2000–02. So did many value stocks.

If, instead, you mean deep systemic risk like 2008, then yes, everything goes down. Berkshire included.

I just don't think 2008 is the appropriate historical analogy for an AI bubble.
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This community has written 21,850 posts about Berkshire Hathaway. The article-length ones it recommended most:
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