Subject: As I was saying about performance
"The stock is roughly even with the index over the past 20 years with a 9.8% annualized return. That is despite dramatic growth in the company’s operating profits and Buffett’s coup in buying Apple stock, which is showing a nearly $150 billion gain for Berkshire.

Berkshire stock’s lagging performance shows how difficult it is for even an investor of Buffett’s stature to beat an index driven by powerful megacap tech stocks, especially given Berkshire’s huge size. Its asset base is about $1 trillion.

It isn’t clear why the stock is lagging behind the market lately. The company is finishing what likely will be a record year for profits. After-tax operating earnings could rise more than 25% to nearly $40 billion in 2023. "

"The Class A shares have lagged behind the S&P 500 by about nine percentage points during the current quarter and now are up about 16% in 2023. That compares with a roughly 26% total return for the index. "




https://www.barrons.com/articl...