Subject: Re: Buffett, selective disclosure, since no one
Any investor in BRK this century is as likely to underperform the indexes as not.
https://www.portfoliovisualize...
2000-2023 (this century):
SPDR S&P 500 ETF Trust Initial $10,000 Final $43,410 CAGR 6.49%
Berkshire Hathaway Inc. Initial $10,000 Final $89,768 CAGR 9.86%
An investor "this century" has 2x by being in Berkshire vs SPY.
Going forward, who knows? One appears to be more expensive than the other, but that's what makes a market.