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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: rayvt 🐝  😊 😞
Number: of 21941 
Subject: Re: Berkshire and Tariffs
Date: 04/04/25 11:45 AM
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One thing we have learned is that when a new hot topic comes up, newly minted experts propound on it, from their exhaustive scholarly background of 10 minutes of google research.

I read and get news from a variety of web sites, not just those that agree with me.

Anyway.....here is an article on this tariff brouhaha that I found interesting: coffeeandcovid.com - The first seal friday april

Interesting tidbits:
"Treasury Secretary and economics professor Scott Bessent explained (1:04) in an interview that in trade wars, the surplus countries always be defeated, because the deficit country (here, the US) has the least to lose."

"The ‘Magnificent 7’ account(ed) for almost almost 50% of the market indexes.
This record-shattering predominance by a handful of tech stocks creates a massive risk. In other words, a tech adjustment was long overdue, and everybody knew it."

"independent journalist (and former Democrat) Michael Schellenberger posted a very helpful tariff explainer... rightly noting how during the pandemic, we learned the hard way that our “international” supply chain is incredibly weak and easily disrupted. Remember toilet-paper hoarding?"

Further down in that article is an amusing tidbit.
The U.S. Justice Department announced it will “surge FBI assets across the country to address unresolved violent crimes in Indian Country, including crimes relating to missing and murdered indigenous persons.”

They’re sending sixty FBI agents to Indian Country, in places like Montana and Utah.
The good news is Native Americans on reservations will soon receive some long-overdue law enforcement attention to their stale, unsolved cold-case crimes. The bad news, for them, is they are probably getting the entire DC field office.

I suspect the Alaskan Inuits also have a backlog of unsolved crimes, in case more diligent FBI personnel need another plum assignment.

Christine Grady, the wife of Dr. Anthony Fauci,” the Washington Times reported, “was among several top officials who were notified they were being reassigned from the National Institutes of Health to regional offices of the Indian Health Service.” Well thank goodness. It’s about time the Indians got some decent medical care from the government. And the Eskimos, too.



More fun than any laws allow. LOL ;-)
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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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