Subject: BRKA vs. S&P
Quick math shows for 2023 BRKA up 15.6% and S&P up 24.8% (by my calc). For fun, I compared returns from 1-1-22 thru current year end 2023 and it appears a similar balance in each to begin would have BRK currently with 17.5% more than the S&P, as BRK was up 4% in 2022 and S&P was down 18%.

Not trying to cherry pick but just run a full 2022 & 2023 comparison. (I own both) Pretty good example of Rule #1 imo.

Happy, Healthy and Prosperous New Year to all!