>And it's been decades since he's been able to match the great returns he had very early in his career which he built his reputation on. Keep in mind it is muc

>And it's been decades since he's been able to match the great returns he had very early in his career which he built his reputation on. Keep in mind it is much easier to get great returns when you are smaller. Put another way, there are _significantly_ more opportunities to turn $1 million into $10 million than there are to turn $1 billion into $10 billion. At buffet's scale the opportunities are few and far between for hockey stick growth. As for his performance relative to the S&P 500, fair point. UPDATE: Just saw that my comment is basically a clone of a reply you had already received... Oh well ¯\_(ツ)_/¯