Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of BRK.ABest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of BRK.ABest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd


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.
Answer this questionContinue to Shrewd'mThis note won't appear again
Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
Unthreaded | Threaded | Whole Thread (10) |
Author: rayvt ✧☼🐝🐝  😊 😞
Number: of 22353 
Subject: Re: Prices
Date: 09/19/24 4:59 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 3
Great firm, value rising every day, but the prospects for great short to medium term returns still don't seem to be particularly wonderful at the moment.

I ran across an article about "The Hidden Risk in “Religion” Stocks"
Old age and arthritis eventually catch up with “religion stocks.” No company can grow at a fast pace forever. Growth in earnings and sales eventually decelerates. That leads to a gradual deflation of the “religion” premium.

He mentions a number of these kinds of stocks, and says that "With the exception of Berkshire Hathaway, all of these companies have [crashed]."

investor.fm - The hidden risk in religion stocks

A number of people here have talked about exiting or reducing their BRK positions. Jim has been predicting very low returns over the next several years. I kind of like the idea of keeping long held positions in BRK in taxable accounts so that your inheritors get the stepped up basis, and exiting the holdings in IRA accounts.

I have had my eye on a mutual fund for some time, which I held for several years some 20 years ago but sold.
Its top 10 holdings are 57%, so those dominate the return. BRK is the #2 position at 9%.

So my idea was to sell my BRK.B in the IRAs and put that money into this fund. Then today, right at the market open I got a "S&P500 has hit a new high" notification. Hmmmm, maybe today isn't the best day to do the switch. How to decide when to do the switch?

Best day is when BRK is up and the fund is down. You don't know what the fund has done until after the market closes, which is too late. I don't think MFs report their NAV in realtime throughout the day.

A quick-and-dirty check would be to check the weighted gain of the top 10 (or 20) holdings and compare that with BRK's gain.

Well.
Anyway, just before the market close deadline, the weighted gain of the top 10 was 2.47% and BRK.B was 0.68%.

So, not today.

Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to rayvt here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
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
Unthreaded | Threaded | Whole Thread (10) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community