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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: marazul   😊 😞
Number: of 21944 
Subject: Re: OT BAC blew $93B on share repurchases
Date: 06/13/23 1:13 PM
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Buybacks were not the problem. The big mistake was taking all the deposits earned during Covid and investing them in long term MBS at very low rates. Even Buffett encouraged the company to keep buying back shares over the last decade, while these were at or below reasonable value. BAC has been earning siginificant amounts of money, which they had not much to do with besides returning it to shareholders.

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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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