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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: nola622   😊 😞
Number: of 21938 
Subject: Re: Liberty SiriusXM Group
Date: 04/14/24 9:41 AM
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So the YouTube analysis I have watched talking about a 20% arbitrage opportunity is incorrect

It's not that it was incorrect (probably) but rather that the prices of the securities changed. SIRI's share price went down more than LibertySirius's share price recently. As I mentioned earlier, there are no natural buyers of SIRI shares at the moment (except for those covering a short position in SIRI stock or someone trading around an options position). It would be irrational for an investor in SIRI to buy SIRI shares when the Liberty trackers are at a discount and imminently converting to the same security. The exchange ratio is basically set at 8.4 with only minor tweaks at closing.
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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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