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Recommendation: Show the returns for each senator with the S&P 500 and Berkshire Hathaway performance as reference lines. I'd be interested to see the senators
by DevX101 6y ago
Recommendation: Show the returns for each senator with the S&P 500 and Berkshire Hathaway performance as reference lines.
I'd be interested to see the senators who have a better track record than Buffett while in office.
- ghufran_syed 6y agoWouldn’t the significance of that depend on the time window? If you had an end of first term senator right now, the S&P is up 37.8% over 5 years, while BRK.B is only up 22.3%. Even over a longer period, some proportion will do better than Buffett just randomly. https://g.co/kgs/RPhfLF https://g.co/kgs/RPhfLF
- smabie 6y agoBetter returns alone aren't indicative of out-performance. What you would want to look at instead of returns is the Sharpe ratio of Hathaway and the market vs each senator. The Sharpe ratio is the excess return (return minus the risk free rate, usually the yield on a 3 month T-note), divided by the volatility of the excess return. Another metric to look at would be each senators beta exposure and their R2: what percent of their returns are generated by their market exposure.
- pmorici 6y agoNot A relevant comparison. The returns and available opportunities for someone investing hundreds of billions are very different from someone investing thousands or single digit millions.
- chrisma0 6y agoYes! Such a shame to not have this data visualized and filterable. Such an interesting dataset! Anyone with mad matplotlib / ggplot skills? :)