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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: OrmontUS   😊 😞
Number: of 21944 
Subject: Re: War, currencies and jurisdictions
Date: 06/08/25 9:13 PM
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No. of Recommendations: 19
First of all, if I was either a Kiwi or an Ozian, I would take great exception to "There is nothing of strategic value in either place." Certainly, Australia has vast mineral wealth as well as both countries punching above their weight class when it comes to food production.

China is in the process of building a world-class blue-water navy capable of protecting its interests. Those interests now span the Pacific as far as South America - effectively on a line which cuts off the Anzac area.

Australia has participated in every harebrained war that the US got involved in - presumably to make sure we reciprocate if "Asia" (whether China, Japan, Russia, whoever) tried to take a poke at them. Up until a few months ago, I took the US obligation to the treaty as immutable, but we seem to have suddenly become "more fickle and selective".

Jeff
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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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