Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of BRK.ABest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of BRK.ABest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd


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.
Answer this questionContinue to Shrewd'mThis note won't appear again
Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
Unthreaded | Threaded | Whole Thread (5) |
Author: sutton   😊 😞
Number: of 21943 
Subject: Re: Pabrai on Greg
Date: 04/15/23 2:52 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 3
...optimizing the efficiencies and productivity of our controlled non-insurance businesses.

I'm not concerned, per se, but I am watching through this lens:

a) taken in isolation, the italicized quote could describe any post-Welch CEO of a Fortune 500 company (which is to say, almost all of the current generation), with undue emphasis on quarterly results, targets and the like - and I suspect history will not be kind to Jack Welch.

b) Mohnish's comments, along with the concerns I expressed wrt Greg's comments at the last BRK annual meeting (generic corporatespeak) add to my, um, watchfulness. Greg will hopefully be great...I just hope he won't be New Coke (New Welch?)

c) again, as I've commented earlier: while Warren's capital allocation is of course superb/legendary, he's been a less than perfect judge of character in the past. Just for that reason, right out of the gates I'm more comfortable with an acquired business (Flying J) than with any new face at the table.

I'm not doing a durn thing about it but watching, however. My current overallocation to Berkshire will remain unchanged.

--sutton

Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to sutton here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
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
Unthreaded | Threaded | Whole Thread (5) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community