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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: 38Packard   😊 😞
Number: of 22351 
Subject: Re: OT: Upstart Holdings
Date: 12/24/22 2:36 AM
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No. of Recommendations: 19
Hi BenSolar,

I'm sitting on a big loss in my share's values.

I am not a savvy investor, but after perusing Saul's Board over at TMF earlier this year, I unfortunately got caught up in the 'valuation doesn't matter' hype promoted over there and being a former IT guy, and a believer in AI, and also a proponent of giving everyone a chance to become wealthy (fair access to credit) I dumped 10K 'play money' into UPST. It's now sitting in my portfolio at a current value of $358.67.

I'm leaving it there to constantly remind me that valuation matters.

'38Packard
- will be steadfast in holding this one - but have little chance to ever see that $10K again.
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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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