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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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Investment Strategies / Falling Knives
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Author: Bluehorseshoe   😊 😞
Number: of 1165 
Subject: Re: FKA: KMX
Date: 01/13/26 2:10 PM
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No. of Recommendations: 4
One new twist to the KMX story could be the recent decree by the President that credit card companies cap interest rates at 10% for a year. With KMX average customer loan rates at 11%, there could be an impact.

I work for a captive finance company and we currently have no idea how this impacts us. Is it only unsecured credit that is subject to a cap? If we secure credit with an asset can we extend a higher rate? We live in strange times.

Jeff
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This community has written 1,155 posts about Falling Knives. The article-length ones it recommended most:
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