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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: Mark19   😊 😞
Number: of 21944 
Subject: OT interesting story
Date: 07/14/24 12:10 AM
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No. of Recommendations: 15
I have an interesting story to tell. I was recruited into a what’s app group for investing. It is called the Vanguard Investors’s group. They use charts to pick stocks. Something did not seem right because Vanguard is a mutual fund company. I did buy a tiny amount of one of the stocks they recommended. They wanted to see a screen shot of my portfolio, and of the stock they recommended. I looked them up, and it turns out it is a scam. They get you to trust them and then do one of two things. Get a lot of people to buy stock in a small company that they already own, to move the price up, and then sell their share for a huge profit, or get you to hand over your money to them and just disappear with it. They promise amazing returns, so people think they are going to get rich quickly. There is a name for this. It is called pig butchery, and 85 billion dollars are lost yearly to it. It is very sad. 68 year olds, lose their life savings.
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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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