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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: sutton   😊 😞
Number: of 21938 
Subject: Semi-OT: Speaking of Berkshire price movements
Date: 12/13/24 2:19 PM
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I have a "Quotations" file on my laptop, which in previous eras might have been called a "commonplace book" en.wikipedia.org - Commonplace book

For each quote, I try and reference the original source, but here's one I forgot. From its placement, it's probably September-ish of this year; from the content, it might well be a Shrewd'm author:

" People who "buy and forget" for months or years at a time have no effective influence on market prices. Their votes don't get counted. In effect, it's only the votes among the people with eyeballs on screens that set the price. Arguably they aren't the most rational ones on average, which might explain a lot about price movements."

Anyone hear recognize it/remember the source?

Thx

-sutton

(A rainy winter's day lagniappe for reading this far:

"Adieu; my frolic days have fled,
And after all youth's jubilee,
There's nothing now will comfort me
But a good fire, and wine, and bed."

Morris Bishop, Ronsard: Prince of Poets (1940; rpt. Ann Arbor: The University of Michigan Press, 1959), pp. 113-114


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Members reply directly to sutton 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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