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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: mungofitch ✹✺🐝 SILVER
SHREWD
  😊 😞

Number: of 22352 
Subject: Re: OT: NVDA
Date: 06/20/24 2:05 PM
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No. of Recommendations: 14
You sure see a lot of weird effects when the tails of a few stocks dominate the dog of the market.

"After the close Friday, the XLK ETF will be rebalanced to drop Apple's 22% share down to 4.5% and increase Nvidia's 5.9% share up to 21.1%, based on Bloomberg estimates...
All told, Friday's rebalance should force $12.7 billion in Apple stock to be sold and $11 billion of Nvidia to be bought. That's close to the dollar amount of Apple shares that trade any given day, and about one-quarter of the dollar amount that Nvidia trades daily. In other words, these are material amounts."


from
finance.yahoo.com - Nvidias surge reveals a pitfall of passive investing morning brief

Jim
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Members reply directly to mungofitch here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
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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