Subject: Re: brkb and the calls, for those with an interest,
" he has underperformed it in the eighteen years since. As the chart below shows, a million dollars invested in the S&P from the end of 2007 through mid-December 2025 would today be worth $6.6 million, almost 25% more than the $5.3 million you would have earned in Berkshire’s stock."



Yes, though you don't usually indulge in such blatant cherry picking of start dates : )"


Jim, what are the results for the past 15 years ending 12/31/2025? Thank you.