Subject: Re: OT: AI Slop
Buffett didn’t beat the index?

CAGR 2000-01-01 to now (about when the 1999 letter came out):
6.74% Ray Dalio All Weather Portfolio
8.08% SPY
11.55% BRK-B

Hmmm.

It’s apples to oranges, of course. Dalio isn’t trying to “beat the index” with this risk-parity portfolio. Still, I’d be kicking myself if I had invested in it instead of Buffett/Berkshire 26 years ago.