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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: nola622   😊 😞
Number: of 22353 
Subject: Re: Closed at $475.92, up $7.55 today
Date: 08/30/24 10:18 PM
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The closing bell panic buying was unusual. Any ideas why?

The broader market did the same thing, especially XLF type financials and insurance companies.


I would assume it has a lot to do with options expiration. That is certainly a big driver for BRK shares since it creates an effective short position in a fairly illiquid stock for a $1 trillion enterprise.


Like I said a while ago - it's y'all and your short calls LOL
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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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