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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: DTB ✶  😊 😞
Number: of 22352 
Subject: Re: O/t, Ackman to follow the Buffett model?
Date: 01/17/25 7:39 PM
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i am not one to stand in the way of MAGA-on-MAGA grift.
this was a caution for the fiscally skeptical, capable of examining what was on offer.



This is a good example - Ackman, a lifelong Democrat, finally couldn't take the sheer incompetence and lunacy of his party, and supported the (also somewhat lunatic) Republican alternative. For this sin, anything he does will now be called 'MAGA grift'.

But before dismissing Ackman's proposal based on the 1.5% fees, people should look at his spectacular track record. I guess I'm in the '-on-MAGA' part of the expression, but I've taken a small stake because I think there is a high probability that HHH works out really well, but if it doesn't, I'll add to the schadenfreude for the skeptics on the left. They deserve a little consolation, after taking such a beating.

dtb
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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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