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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: hclasvegas   😊 😞
Number: of 22350 
Subject: Re: CEF, stew is 36 % brk, so it's clearly
Date: 09/11/23 9:30 PM
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For the first ten years plus, from its inception, the fund had a history of very high total expenses, over 2.5 %. I have no idea why anyone bought BIF back then or why any investor thought the fund performance could overcome that drag. In the past 5 years the controlling family has been increasingly shareholder friendly. Would Buffett buy the entire fund at a 10 discount to nav? I think he would. If anyone is interested ,this is the funds website, https://srhtotalreturnfund.com/
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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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