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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: Banksy 🐝 HONORARY
SHREWD
  😊 😞

Number: of 21939 
Subject: Re: Krugman on the Fed
Date: 07/13/25 1:25 PM
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No. of Recommendations: 32
I have a lot of friends who are Democrats, and they’re idiots. I always say they have big hearts and little brains. They do not understand how the real world works. Almost every single policy rolled out failed.”
Jamie Dimon


Yes these idiots with all their failed policies...
Clean air and water standards, worker safety protections, 40 hour work week, social security program, civil rights movement,
equal rights movement, discrimination protections, school lunch programs, organized labor, child labor laws, minimum wage, medicare, employee health care benefits,
Americans with Disabilities Act, the Freedom of Information Act, Obamacare, the Voting Rights Act, food and drug safety regulations, collective barganing....
and everything else they have done to put power back in the hands of the individual and out of the hands of the ruling class and corporate elite.

Meanwhile take a gander at some of the failed, wasteful garbage that Dimon/JP Morgan is getting rich selling:
JPMorgan SMID Cap Equity C Fund ODMCX
Morningstar rates it 1 star. (A monkey with a dartboard could beat it!)
The expense ratio is 1.59%. (10X what a comparable index fund would charge.)
It has underperformed the index in every time period imaginable, YTD, 1-Year, 3-Year, 5-Year, 10-Year and 15-Year! Total fail!
Morningstar: Funds Xnas Odmcx

Or...
Another incompetent, joke of a Fund is JPMorgan Small Cap Value R2 JSVZX.
Morningstar rates it 2 stars. (A monkey with a dartboard...)
The expense ratio is 1.49%. (10X what a comparable index fund would charge.)
It has underperformed the index in 1-Year, 3-Year, 5-Year, 10-Year and 15-Year! A total failure!
Morningstar: Funds Xnas Jsvzx

I could go on and on...
Go to Morningstar and see for yourself how many JP Morgan funds are nothing more than unethical money grabs.
JP Morgans wasteful, garbage, active funds have cost American investors billions of dollars and for him to pretend like he cares anything about failure, wastefulness or how the real world works is truly laughable...
John Bogle: "If the data do not prove that indexing wins, well, the data are wrong."
Is Jamie Dimon too dishonest to admit this truth or is he too dumb to understand how the "real world works?"
Asking for a friend.
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Members reply directly to Banksy here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
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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