Post #196 by sherwoodsri on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

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Re companies that are seen as being safe fortresses, I wonder/worry about companies that are perceived to be such but ultimately proved not to be. One of the experiences that is burned into my memory was my late father's position in the old GM, at one time valued at about $100,000, getting wiped out. I don't doubt that there are good arguments that the fortresses of today are safe in ways that the fortresses of yesteryear were not (GE also comes to mind). Just something I find myself thinking about as I consider companies beyond Berkshire.

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