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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: PhoolishPhilip   😊 😞
Number: of 21942 
Subject: Re: Dividends
Date: 02/29/24 12:41 PM
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No. of Recommendations: 6
A is benefitting directly from the exploitation of C through dividends earned on the product of poorly payed labor of C, while B benefits indirectly from the low priced commodities afforded by A’s exploitation of C. A and B benefit, and share a national interest in continuing this relationship.

Your mental model is missing A altogether and attributes the suffering of C to the undeserved largesse of B, the real unearned largesse being hidden from view in the hands of A. The relative earning gap of B and C might be reduced if A could see their way to offering a greater share of total income to C, since said total income is concentrated in the hands of A.

In different terms, you’re attributing the cross national inequality of workers incomes to the maldistribution of wages without considering how returns to capital play in understanding this maldistribution.
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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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