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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: Goofyhoofy ✸✹🐝🐝 HONORARY
SHREWD
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Number: of 22354 
Subject: Re: Munger : BRK a pretty damn good bet
Date: 02/17/23 9:57 AM
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and he called California unfriendly to business because of high state and local income taxes.

Far be it from me to point something out to Charlie, but California has the 5th fastest growing GDP in the country, and the 5th highest per-capita GDP in the US, a remarkable number given the tide of low-wage/low income people arriving across their southern border.

statista.com - Per capita US real gross domestic product GDP by state

worldpopulationreview.com - GDP growth by state

In 'non-per capita' numbers it is by far the largest economy in the country, half again larger than either Texas or New York, which come in at #2 and #3 respectively.

en.wikipedia.org - List of U.S

As Lincoln said when people complained about General Ulysses Grant's love of the drink, 'I'm going to find out what he drinks and send a case of it to all my generals.'
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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
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Berkshire's Profit Contributors · 58 recs · 2023
Summary of 2Q 2026 · 55 recs · 2026
3Q Summary · 53 recs · 2024
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