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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: mungofitch 🐝🐝🐝 GOLD
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Number: of 21943 
Subject: Re: Buffett’s Japanese investment
Date: 05/19/25 4:14 AM
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Just a reminder to everyone that it makes no difference at all to your returns where you buy a stock, where the exchange is, what currency it is quoted in, or what currency you use to pay for it. There are lots of currency concerns for many companies in their operations, but the only thing that matters to you and that you can control is what currency you choose to hold your cash/debt balance(s). Borrowing in a different currency to fund a stock purchase is important to your returns because you then have a non-zero cash balance in that currency.

That's in terms of currency movement. You might of course have a different jurisdiction risk if a given country or exchange does something weird, so in that sense the exchange you choose might matter.

Jim
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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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