Tuesday, April 21, 2026

Re-Posting -- Investing As A Hobby -- April 21, 2026

Locator: 50581BRK.

Investing as a hobby (see blog's disclaimer):  

  • Global equity markets: South Korean stock market surges to new highs; US S&P 500, consecutive days of new highs, profit-taking pullbacks followed by new highs
    • Jamie Dimon: has seen distressing warning signs every quarter for ten years; keeps making new highs; 111% return over five years plus 2% dividend
  • BRK: has been flat since Charlie Munger died a few years ago; completely missed the AI revolution; one year return: down 7%; if one didn't know history, looks like poorly run mutual fund
    • MUTHX: one-year return - up 15% over past year
    • MDU: one-year return -- up 33% past year
    • UNP: one-year return -- 17% 
    •  AMZN - NYT (see below)
  • Young investors in tech revolution beating the socks off elderly, stick-in-the-mud, investors who grew up with BRK
  • Most exciting US stock market tickers, large cap:
    • if one only: AAPL; n of 1; 
    • if two: AMZN, AAPL; one could argue, AMZN is also n of 1; 
    • if three: AMZN, AAPL, MU; MU in US n of 1; globally, "the big three": MU, Samsung, SK Hynix -- quick, raise your hand if you hold SK Hynix.
  • Where to park large sums of money if one can't decide: SCHB 
  • BRK-NYT-AMZN -- link here