3 ms·
Right, less downside risk, but Berkshire Hathaway in particular hasn’t even kept up with the S&P500 for the past decade. Better off with an index fund for sure.
by sebleon 8y ago
Right, less downside risk, but Berkshire Hathaway in particular hasn’t even kept up with the S&P500 for the past decade. Better off with an index fund for sure.
- anaphor 8y agoThat's my recommendation as well. If you want to manage your own finances there are plenty of services that let you buy ETFs with no commission fees too. I'm definitely not telling people to go out and dump all their money into BH stock
- eaenki 8y agoThat's what happens when one gets too old. One can't pretend to live in the future at 70 and therefore can't anticipate trends - reason why BH hasn't kept up with the S&P500.
- siftikhar 8y agoIgnoring 2007 and 2008 (when investors like warren buffet hugely outperform) makes this less meaningful.
- tamcap 8y agoQuickly comparing Brk.b to vti over the span of the past 5 years (so no graph hacking) they gained 60.14% and 64.71%, respectively, dividends not included. That's a much smaller difference than your statement seems to imply.