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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: Blackswanny   😊 😞
Number: of 21944 
Subject: Re: Rational Walk on retained earnings test
Date: 11/19/23 9:46 AM
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Should have added, post Ajit too. He's a silent partner but has added as much value as WEB (float and insurance nouse) a genius in his own right.

I note there was some concern following the AGM a few years ago about his health and longevity. He's another one off and cannot be replaced.

It'll be hard to replicate the "Three Amigos"and the informal / fluid setup to decision making with an investment committee headed by a general manager (Abel) from an operations and management background rather than an investment background (with a feel for the markets). "Be Greedy when other are fearful etc etc and with conviction.

In order to move the needle, bigger bets will have to be made during times of distress. This is where WEB thrives, I can't see a committee doing likewise?

So likely BRK will tick along and generate book value growth of 6-8% long term and likewise the share price?

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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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