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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: hclasvegas   😊 😞
Number: of 22353 
Subject: o/t, Sloan, looney tunes market
Date: 06/13/26 9:10 AM
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" This 'Looney Tunes' Market Calls For Second-Order Thinking: Here Are My Thoughts

Jun 13, 2026 08:30 AM | State Street SPDR Dow Jones Indust Avg ETF Trust(DIA) | By: Jim Sloan

This market has many investors on edge, and for good reason.
Many of today's investors have never seen a bear market and simply assume that the current market is correctly priced, ignoring fundamentals.
A gambling mentality is at the core of the present market rally.
It's a momentum-driven market, and many believe it will go on forever; however, it is simply pulling future returns into the present.
No one totally grasps AI, and four of the largest growth companies are actually cash flow negative, with facts hidden in footnotes."

Hopefully someone can share it before I get home.
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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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