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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: Brickeye ✸  😊 😞
Number: of 22354 
Subject: Re: Did nothing today
Date: 02/27/24 7:10 AM
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No. of Recommendations: 13
"On the one hand, I feel a little chastised for being one of those silly folks who try to trade in and out. Like most folks I don't think I'm dumber than average, but surely about half the population thinking that has to be wrong, and I may well be one of them.

On the other hand, the price I got in pre market was well off the top of that chart, so I may be dumb, but I'm happy : )

Valuation sure do change. Since I bought that share last Oct 27, known book per share is up 4.4% and price/book ratio is up 25.9% from 1.334 to 1.680.

Consequently I doubt we have seen the end of price fluctuations. I imagine the stock will be cheaper than this again some day and I'll increase my position once again. It's a calculated gamble that the stock price return from now till then will be either negative or low enough that I won't miss it."

Well here's the thing, you seem pretty good at it so why stop? I know many private investors that are really good traders that have a feel for these kind of things and can do it effectively. I'm just not one of them. I'm the kind that needs a daily reminder not to do something stupid:-). And it's wife that usually serves up that reminder......
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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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