3 ms·
And as Buffet himself has said: as Berkshire grows in size they will have a harder time beating the market simply because they are becoming a bigger part of it.
by d23 6y ago
And as Buffet himself has said: as Berkshire grows in size they will have a harder time beating the market simply because they are becoming a bigger part of it.
- throw0101a 6y agoBuffett hasn't beaten the S&P 500 for a while now: * https://www.fool.com/investing/2019/12/22/5-reasons-warren-buffett-didnt-beat-the-market-ove.aspx https://www.fool.com/investing/2019/12/22/5-reasons-warren-b... He had a good run though. See "Buffett's Alpha": * https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3197185 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3197185
- d23 6y agoThe second point in your linked article is the exact point I / he was making.