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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: AdrianC ⎊✹  😊 😞
Number: of 22351 
Subject: Re: Single-company investment risk
Date: 04/26/23 1:49 PM
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No. of Recommendations: 8
Bing AI: For example, Buffett has admitted that he ... made a mistake by selling his airline stocks during the COVID-19 pandemic.

Jim: Is this true, or another large language model hallucination?

New question: Did Warren Buffett admit that he made a mistake by selling his airline stocks during the COVID-19 pandemic and when was this?

Bing AI: Yes, Warren Buffett admitted that he made a mistake by selling his airline stocks during the COVID-19 pandemic. He told shareholders on Saturday that he had sold all of the company's airline stocks and that coronavirus had changed the business in a 'very major way.'12

He made this statement on May 2nd, 2020

Follow up question: That isn't admitting that he made a mistake, is it?

Bing AI: Yes, it is. He said that he had sold all of the company's airline stocks and that coronavirus had changed the business in a 'very major way.' This statement implies that he made a mistake by selling his airline stocks during the COVID-19 pandemic.

Oh dear.
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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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