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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: Umm 🐝  😊 😞
Number: of 21944 
Subject: Re: Buffett, selective disclosure, since no one
Date: 05/11/23 2:13 AM
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You know, Buffett has better disclosure and is more transparent than you do. Hypocrite (LOL).

Saying he practices selective disclosure is silly. Everyone practices selective disclosure. Buffett discloses more than anyone else in his position discloses.

As for Buffett not disclosing T & T's financial results, I am guessing it isn't disclosed because it is much more complicated than just posting a percentage return. It is well known that T & T have had many discussions with Buffett about stocks that Berkshire has gone on to benefit from (including Apple). How do you then take the returns from those stocks and attribute it to each person. How much credit do you give T & T for Apple's returns to Berkshire?

I am not saying T & T do not deserve scrutiny or that they were good or bad hires. I simply do not know and neither do you (or anyone else outside Buffett's close circle). What I am saying is that measuring their value by a simple percentage return versus the S&P is beyond useless. That would be fine if their sole job was nothing more than managing the money they are given. It is quite clear that their job entails much more than that.
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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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