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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: dealraker ✶  😊 😞
Number: of 22353 
Subject: Re: Operating earnings
Date: 11/04/23 9:02 PM
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No. of Recommendations: 16
Union Pacific's debt is up 248% since 2014, operating earnings up 17%. Stock buybacks and div's since 2014 have exceeded net income by a bunch. Currently the stock of course is down significantly and as you'd expect buybacks are nil and going to be nil - the debt cost to do them is prohibitive.

UNP has under cap-ex'd in its obssession with running and keeping the stock price up - again idebting itself aggressively to do so.

I love Berkshire Hathaway more every time I look at the other railroads and their decisions.
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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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