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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 22353 
Subject: Re: Cost-plus model: COST, IBKR, KMX - any others?
Date: 03/05/24 4:51 PM
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GEICO and Progressive


Ok, I'll buy that. Auto insurance is very competitive, so I don't know if anyone has much choice about where they set premiums, but both are definitely low-cost providers and gaining market share by passing along a lot of those savings. I no longer own Berkshire, but I have a small stake in Progressive, that really should have been much bigger, and that I would certainly increase if the price dropped a bit. And thinking of my experience with Costco, I should probably just go ahead and buy more, even if the price seems high.

So so far, we have COST,IBKR,KMX,AMZN,PGR,parts of Berkshire probably, ... 10% of my portfolio in all (mostly from IBKR), but I'd love to hear about some more candidates for the list.

dtb
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This community has written 21,861 posts about Berkshire Hathaway. The article-length ones it recommended most:
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Summary of 2Q 2026 · 55 recs · 2026
3Q Summary · 53 recs · 2024
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