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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: AdrianC ⎊✹  😊 😞
Number: of 22352 
Subject: Re: Where we're going from here
Date: 07/16/25 10:13 AM
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I hear you. Your daughter's to be admired for her service to the elderly, and her compensation did indeed fail to recognize its value. Nevertheless, as best I can tell, the costs to the elderly are typically beyond affordable for average folk.

Thanks, and to be clear, though my daughter did think her and her co-workers were underpaid, that did not affect the level of care she gave her residents. She is a caring soul, as are most who chose this work. She's quit now her med school application was successful, but she goes back to visit her residents every month or so. The one's that are left.

I think I misunderstood your comment: "That's a cross-generational stripping of the vast majority for the benefit of a small minority who aren't overly bothered by the exorbitant rates demanded to secure acceptable senior services."

My daughter's generation are definitely not the ones benefitting. But just like general medical care, if the workers are paid more the costs to the patient go up.

Living out one's last days in a nursing home, not able to feed oneself or use the bathroom, it's no way to live. It's not for me.
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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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