Measuring Investment Performance - Buffett vs S&P 500
Since 2008 Berkshire returned 9% per year while the S&P 500 returned 12% per year. One would easily say the S&P 500 did better - but not that fast!
Investing is also about:
3) EARNINGS GROWTH and,
4) SHORT TERM VALUATION CHANGES
When you look at things from an investing perspective, you might say Buffett outperformed the S&P 500 by far over the period.
Enjoy the ARTICLE - BERKSHIRE PERFORMANCE for those who prefer reading
and the VIDEO - BERKSHIRE PERFORMANCE for those who prefer watching.
I am looking forward to Buffett's new letter and earnings report and I'll do my best to explain the details for you when it comes out.