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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
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Number: of 22351 
Subject: Re: Numbers
Date: 07/03/25 2:11 PM
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No. of Recommendations: 9
BRK's 2025 YTD return now trails that of the S&P 500 index. Amazing reversal since May.

This is an interesting variation of the chart: BRK/B and SPY plotted at their own absolute prices.
stockcharts.com: SharpCharts | StockCharts.com

Seen this way, it seems to be a big risk on / risk off thing going on year to date, with SPY on a roll with risk on, and BRK on a roll with risk off. The central panic-and-bounce part of April seems to be the only bit with a positive correlation.

So much for the myth that super large caps in the S&P 500 are all just index trackers these days. At least, not yet.

Jim
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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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