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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: rayvt ✧☼🐝🐝  😊 😞
Number: of 22351 
Subject: Re: OT: S&P and the "New Highs" narrativ
Date: 10/30/24 4:55 PM
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Did you try that in the decades prior to, say, 2015?

No, I was just responding to the OP's post about bailing out this January.

And I find it interesting to try out portfolios at testfol.io, since portfoliovisualizer went paywall. It's easy and fun to play with. I toss him a few bucks every once in a while.

While eating lunch it occurred to a possible fairly easy way to see what the S&P500 did since January aside from those supergigacap monsters. Surprisingly well, way above average. They only added 7.4%. So it was a good year for EVERYBODY, not just those 10-12 stocks. It's not like those 10 carried the other 490 duds, since they were NOT duds (as a group).

GOOG beat earning estimates yesterday, MSFT beat estimates today. "Microsoft gained 2% in after hours trading."
Tomorrow Amazon and Apple report.

For now at least, it is good to have a large weight in those dozen stocks. 2024 is shaping up to be a very good year. Bailing out in January wasn't a good move. Being driven by emotional fear wasn't a good move.

There are times when the place to be is in mega-caps.
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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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