Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of BRK.ABest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of BRK.ABest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd


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.
Answer this questionContinue to Shrewd'mThis note won't appear again
Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
Unthreaded | Threaded | Whole Thread (18) |
Author: nola622   😊 😞
Number: of 22353 
Subject: Re: Who is doing this buying?
Date: 01/26/24 12:38 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 13
One of the things I have noticed about Berkshire is that everybody has a capital gain (today), a lot of stock is in taxable portfolios, some of the unrealized capital gains are ridiculously substantial.

Since the BNSF deal there has been a lively options market on BRK.B and since Berkshire pays no dividend there are those that use a covered call strategy above the stock.

When Berkshire breaks to new highs, we tend to get these types of follow-through moves as people adjust their positions because they sure-as-hell do not intend to be called out of their low basis stock and pay the tax man.

Also, Insurance stocks are on fire right now and Berkshire tends to break out right before the market sells off in a sort of last ditch flight to quality type thing.
Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to nola622 here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
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
Unthreaded | Threaded | Whole Thread (18) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community