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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: palmersq ✸  😊 😞
Number: of 22352 
Subject: Re: Occidental Petroleum
Date: 09/28/24 3:08 AM
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No. of Recommendations: 3
Investing is not for you if you are always uncomfortable betting against Buffett, if you need to hinge on his every word and action religiously. That would mean you are not capable of independent thinking on your own. Buffett is extremely good for what he has to manage, but he is also limited.

For example - The simple reason that I am bullish on Apple is its ecosystem. I don't agree with Buffett on footing a hefty tax bill to get out of Apple at this time (except that I would not know if he had other motivations). I am keen on BYD long term and also some other Chinese stocks at this price (even after such a big move last week). I didn't like OXY but got into Marathon Oil instead, but soon bailed on that position with a small profit. It was just not appealing in comparison to my other alternatives - in terms of pricing and my ability to visualize its future in my own way.

OXY might as well turns out to be a winning trade for Buffett and I don't really care one way or another. I much prefer to go my own obscure direction to look for my own pot of gold.
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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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