Subject: Re: considering coat tailing OXY
Definitely, that's what Buffett teaches us, but as a private investor you wouldn't want to hold coke from 98/99 to now for a compound 2.26% return (excluding dividends) $40 - $70 over 25 years.

If you talk about 20/20 vision looking back, I have much better choices. It's not helpful to just cherry pick 1 stock afterwards and not considering the losing investments in the portfolio as well.

Personally I did outperform Berkshire by a nice margin over 5 and 10 years (perhaps even longer but I didn't checked). As of end of Sep, my 5 years' return was 25.2% vs S&P 500's 16.0%. I am talking about my concentrated portfolio, not a single stock. And that's an after-tax return under my tax regime.