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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: Texirish ✹  😊 😞
Number: of 21944 
Subject: Re: Can't belive I did that
Date: 08/28/24 3:45 PM
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No. of Recommendations: 20
...is there some perceived disadvantage to paying LT cap gains taxes today vs paying LT cap gains taxes at some unknown date in the future?

For long term investors of a certain age, such as myself, there is also the step-up in cost basis when the stock is inherited by others. Unless the law changes on this, the LT gains are avoided. This can be very significant.
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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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