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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
SHREWD
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Number: of 21941 
Subject: Re: Krugman on the Fed
Date: 07/13/25 2:02 PM
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No. of Recommendations: 42
I have a lot of friends who are Democrats, and they’re idiots. I always say they have big hearts and little brains. They do not understand how the real world works. Almost every single policy rolled out failed.”
Jamie Dimon
...
Yes these idiots with all their failed policies...


I think the better conclusion is not to point out the policies that have not failed, but to realize that someone who says such a blanket statement is not being rational. When us-versus-them takes over your brain too far, the "them" group can only ever be wrong for the simple reason that axiomatically only the "us" group can be correct or righteous.

I hadn't realized that Mr Dimon had fallen so deeply into that mental pit, so it's good to know.

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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