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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: BG17   😊 😞
Number: of 22354 
Subject: Re: Trailing the index again
Date: 12/14/23 5:32 PM
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No. of Recommendations: 5
I'd submit the average Boglehead has not come close to actually outperforming a concentrated Berkshire investor for two reasons:

1) Most BH's seem to keep at least 30% of their portfolios in bonds as they think this is 'conservative' and
2) Most BH's have a 20%-40% allocation to foreign equity which has dragged down their returns vs. all-US equity over the past decade or so.

I'm sure there are some BH's who just own VOO or VTI but most I know don't and own a healthy serving of bonds/foreign equity.
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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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