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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: AdrianC ⎊✹  😊 😞
Number: of 21944 
Subject: Re: Buffett Appreciation by Southeastern Asset Mgmt
Date: 11/14/25 8:39 AM
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I’ll take a swag based on my own experience. They weren’t the only so-called Value fund that underwhelmed. Any such fund that I owned, holding a chunk in Berkshire is also an invitation for me to sell the fund to own Berkshire directly. The fees, especially for value funds made my head hurt that much more. Thankfully, it didn’t take too long; especially as I watched them floundering.

Yes. Some hubris too I think, in the case of Longleaf. I remember Staley Cates (of Longleaf) calling Berkshire a "mutual fund" once. He knew it wasn't a mutual fund, of course.

Adding Weitz Partners value and Fairholme to the Stockchart- other famous value funds I owned back in the day - Weitz did slightly *worse* than Longleaf, if that is even possible:

stockcharts.com: PerfCharts | StockCharts.com
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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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