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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: Texirish   😊 😞
Number: of 21944 
Subject: Re: BRK: Why Not XOM?
Date: 12/17/24 7:08 PM
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Do we sell OXY to buy XOM? What about CVX?

I'm not now trying to answer that question - particularly in my original post. I simply asked if BRK should consider XOM as an investment instead of cash. I didn't say it would solve the issue of what to do with all the cash. I just said it could be part of the solution.

It is one of the few places that could soak up tens of billions of dollars. And implied that it might be undervalued. M*, IIRC, estimated an target price might be $135. I added that waiting, even now, might still be the best strategy. Addressing alternate investments in the O&G industry would have required another, also very long, post.

Somehow, after a few related comments, the original question was hijacked into a discussion of EV vehicles. I don't mind - actually I'm very pleased that it ended up motivating good discussion. I'd like to see more.

I even intend to join in with the EV conversation. I have some opinions that many may not agree with. Some might. But not tonight. Other, bigger family health insurance issues, have popped up that are more important to deal with.

But I'll soon share these thoughts. And I won't even change the title line to reflect that I'm now talking about EVs.

Why break a good, active,discussion? I doubt it's a record length thread anyway.

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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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