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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: ValueOrGoHome ⎊  😊 😞
Number: of 22353 
Subject: Re: Ted and Todd
Date: 05/06/24 1:02 PM
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No. of Recommendations: 2
Analysis of his past results showed that a combination of leverage from float and primarily investing in cheap, safe stocks were the reasons for his success.
Texirish, I was aware of the analysis you're writing about, but I hadn't put these thoughts together with Ted & Todd's performance until your post. Essentially, the float leverage belongs to Berkshire. And since T&T are provided cash to invest, they don't have the luxury of including the float leverage into their own comparisons to the S&P.


a) on both their ongoing performance in future and;

As an American, I used to think the phrase "in future" was just a wrong way to say "in the future" so I looked it up, and it means "from now on" in British English. I can get behind that meaning, it's useful. But in this scenario, it suggests Greg is to comment on T&T's performance starting now, rather than at a future date. My preference would be to say "in the future" as I believe that the two roles you included for Greg will both start at a future point in time when Buffett is no longer heading Berkshire Hathaway.

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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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