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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: Jimkredux ✭  😊 😞
Number: of 22351 
Subject: Re: Nice Data Graphics
Date: 10/09/24 8:51 AM
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No. of Recommendations: 9
Adrian c,

Folks pay Carmax prices because they know that nobody can get a better deal than them at Carmax.It makes no logical sense, but the fear of not getting the absolute best price is extremely powerful in many people. I worked as a finance manager in a traditional dealership for a few years, and many customers made non optimal choices. They would come into the finance office with a dazed look on their face and make emotional choices more often than not. The fear of not being a good negotiator or the distaste of negotiations at all will lead people to pay extra for many services.

Jim K
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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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