Subject: Re: 2025 and 2000-2025
CAGR of 18.1% over the 18 years ending Dec 2024. That's great! Congratulations. That's actually 7.6 percentage points better than the S&P with dividends reinvested. (Just to be sure that I understand correctly, I have no doubt that you calculated CAGR correctly, but were contributions accounted for in the same way that mutual funds account for contributions, with the net asset value of the "shares" of the household adjusted using the price on the day of the contribution?) I'm glad that you track your performance. So many people don't. Good luck in 2026 and beyond.

Just to add a couple more comparisons, I estimate Berkshire's equity portfolio had a CAGR of about 9.8%/yr over the 25 year period 2000-2024. Book value per share over the same period increased by an annualized 10.5% per year.