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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: Said ✧  😊 😞
Number: of 22352 
Subject: Re: o/t, rational walk, since you are no longer
Date: 08/11/24 11:27 PM
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extending this situation to a general life principle, with rare exceptions, it's never a good idea to make a grand "I am burning this bridge" announcement.
........
there is nothing to be gained by a public announcement.


Baybrooke, logically and unemotionally you of course are right. But I think there is a psychological factor behind such that is easily overlooked, the subconscious(!) motivation for the public announcement: If one is not that sure whether to really do X or not, deep down has doubts, it's a strategy to get over any such doubts and force oneself to do what one announced. This removes any cognitive dissonance, replaces doubts by conviction, and this way fulfills a (psychological) purpose.

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This community has written 21,861 posts about Berkshire Hathaway. The article-length ones it recommended most:
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