Subject: Re: Some Thoughts - Maybe Too Many
At the end of the day, Berkshire just has an unusual ability to avoid interrupting the compounding process over multiple decades. That makes all the difference.
💯 Well said. You appear to be channeling the great Robert Frost in The Road Not Taken: "I took the one less traveled by, And that has made all the difference."
I would also wager that Berkshire is likely to outperform the broader index slightly over the next decade just because the index valuation has become so egregious.