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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: Warren Buffett watch, for those who
Date: 02/17/24 11:27 AM
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No. of Recommendations: 28
IF I was aggressively trading a stock , I wouldn't have private three hours meetings with its CEO etc. If you have never dealt with the American securities regulator's you might not get it, and that's fine.

I think perhaps you don't really understand the rule.
And yes, I have been a registered insider at more than one public company. In more than one country, for that matter.

You can have discussions all you want. For example, that's how deals get negotiated.

Overgeneralizing a bit, to break the rules all of the following would have to be true:
* there has to be an actual thing going on within the company (most frequently big bad news or an agreed M&A event, but not just an idea or normal day to day business)
* it has to be material
* disclosed to someone outside the firm who is not within the circle of the firm's insiders (in this context legal "insiders" can include non-employees)
* not yet publicly disclosed

There is no indication that ANY of those is true in this situation.

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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