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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: tairbear00 ✸  😊 😞
Number: of 22351 
Subject: Re: Spy down another 4 percent,
Date: 04/09/25 6:49 PM
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I enjoy Manlobbi's grayed-out comments found on each page. The last one I read today commented about viewing change as an opportunity. Peter F. Drucker also advises us to embrace change as an opportunity, not as a threat.

Peter taught and lectured at a small college near where I lived at the time. What a great gift to this small community! Harvey Mudd at The Claremont Colleges in Southern California, attracted top business students worldwide. I've read several of his books four decades ago. He and his colleagues also were instrumental in introducing the Japanese Style of Management to the USA (Quality Circles and such).

I started my first of several businesses, at the age of 24. I didn't discover Mr. Drucker until a few years later. My business struggled at first, as I fought change because of fear...not understanding that change provided opportunity. After studying him for several months, I finally got it! Look for, understand, and exploit change! I also adopted the concept of Quality Circles, including involving coworkers in decisions that affect them.

Anyhow, for those who don't know him and for anyone interested, here's an article in Psychology Today that provides more details about Drucker. His books can be found on Amazon.

psychologytoday.com - The peter drucker approach change

Brief Bio:
en.wikipedia.org - Peter Drucker

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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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