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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 21941 
Subject: Re: OT: big companies
Date: 08/04/23 3:04 PM
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The library VL database has PRU "% Return On Shareholders Equity" = 35% and net cash of $7.5Bn. Can't trust the data.

Their database certainly has errors, no doubt about it, but they aren't material very often.
I find that more often than not mismatches are a question of which statements were used, and what adjustments they make. (smoothing, skipping goodwill, whatever).
If (a big if) the mismatches are due to methodology rather than flat-out bugs, and the methodology is pretty consistent through the years, the historical results might be expected to keep some useful predictive power.

I would never put more than (say) 2% of a portfolio into a quant pick. And probably much less, these days.
As a rule of thumb, the allocation to a single carefully picked quant screen might be comparable in size to the allocation to a single carefully picked stock.

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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