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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: rrr12345   😊 😞
Number: of 21937 
Subject: Re: War, currencies and jurisdictions
Date: 06/15/25 5:13 PM
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No. of Recommendations: 8
"Bottom line, I conclude that the outlook for the US economy, US profits, and US stocks in the next 10-20 years is poor, and likely to deteriorate further."

Seven-year to twelve-year forecasts for US stocks by GMO Funds, Research Affiliates and Hussman Funds agree with you. Their forecasts average around a -2% percent real, annualized return, based on growth and valuations, and not taking into account tariffs, USD exchange rates and the other factors you mention. GMO forecasts a -4.3% real return over the next 7 years; Research Affiliates forecasts a 1.1% real return over the next 10 years, and Hussman sees a -6% nominal return over the next 12 years. Hussman provides the most detail supporting the forecast. The metric that he has found that best correlates with forward return is market cap/gross value added.

hussmanfunds.com: The Bubble - Contains the Collapse - Contains the Resurgence

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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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