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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: Oscar255414 ✶✭  😊 😞
Number: of 21941 
Subject: Pilot/Flying J
Date: 05/23/23 10:30 AM
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There was discussion that BRK overpaid for their last piece of Pilot/Flying J by several billion. WEB mentioned that the difference between what BP paid for TA and the price BRK paid was that Pilot/Flying J owned their locations. My guess would be that BRK split the acquisition into the two groups. The real estate going to the insurance group and the operations to the operating group as they did with BRK Automotive. Probably paid more than fair value because of the high margins last year in fuel. We did change management which is unusual and it was enough of question for WEB to comment on it. But probably not enough to have a PCP write down. Not everything comes out as planned.
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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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