4 ms·

A 5% gain including dividends from 2011-2017 is a pretty bad showing. The market literally doubled on average in that timeframe.

• gowld 8y ago
  BRK.A has more than doubled in that time frame, so as an overall portfolio strategy, they are doing well.
  • megablast 8y ago
    That doesn't mean they haven't made bad plays, and we can't talk about one of them. This was one. Lets not pretend it wasn't.
    • valuearb 8y ago
      If IBM is his biggest mistake, it’s a other testament to his skill.
      • tim333 8y ago
        He did worse with Tesco https://www.theguardian.com/business/2015/mar/01/warren-buffett-admits-thumb-sucking-over-tesco-cost-him-444m https://www.theguardian.com/business/2015/mar/01/warren-buff...
        • valuearb 8y ago
          “Berkshire’s after-tax loss from this investment was ... one-fifth of 1% of Berkshire’s net worth