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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: mungofitch 🐝🐝🐝 GOLD
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Number: of 21944 
Subject: Re: beating the market
Date: 07/10/23 6:53 PM
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No. of Recommendations: 4
A drop in inflation is still positive inflation so maybe not that great news for "fixed fixed income" i.e. long term fixed rate bonds.

It might be...if the current price assumes higher inflation than ultimately arrives.
If it's an 8% nominal yield long bond because the market expects 6% inflation but we get 1% inflation, a real return of 7% is pretty darned nice.
There are quite a few companies refinancing at 12% at the moment. Not the good ones, admittedly.

Jim
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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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