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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" 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: Said ✧  😊 😞
Number: of 22354 
Subject: Re: I bet against BRK
Date: 07/23/24 1:13 AM
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No. of Recommendations: 2
Mark, Oscar and Rayvt are correct. There once (2-4 years ago?) was a lengthy discussion here about brokerage risks.

Results:
a) With a margin account your positions are at the named risk if your broker goes under.
b) Even without that it's not 100% sure that there is no risk. That additionally requires the shares to be registered in your name (which was Munger's point which initiated the discussion).

If wrong the people that participated in that discussion please might correct me.


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This community has written 21,861 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 · 58 recs · 2023
Summary of 2Q 2026 · 55 recs · 2026
3Q Summary · 53 recs · 2024
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