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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 22354 
Subject: Re: DG DITM call options advice
Date: 04/03/24 4:12 PM
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No. of Recommendations: 13
I have little idea about the tax consequences, as I'm not a "US Person", so I can't comment on that.

As for the stock price itself, my official theory is a price target of $220. (e.g., 20 times EPS $11 some day, or some similar combination).
With absolutely no idea how long that will take : )

With today's price of $159, that notion suggest that there's a lot of profit yet to be made.

The price could hit $80 again before it hits $220, of course. Who knows?

Interesting article in the FT today about how retailers have stopped using organized retail theft (gang shoplifting) as an excuse for margin problems, so the narrative might shift. Starting in late 2022, mentions of theft shot up 80 per cent on earnings calls. But industry wide US shrink in 2022 at around 1.6% was no higher than in 2019.

"Much of the kerfuffle now appears to be rooted in loose talk from retail executives who needed a scapegoat for falling profit margins, amplified by overheated commentary and politicians eager to look tough on crime."

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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