No. of Recommendations: 16
Good morning, for the past ten years have Buffett or his two hand picked , stock pickers, beat the SPY index? Thank you.
Mr Buffett certainly has. Some company that makes phones, can't remember the name...
I guess it depends on whether you count the cash and fixed income portion of the portfolio, or just the equities.
And managed without taking on the risk taken on by so many fans of this still bubbly market. The BRK stock portfolio always has a substantially higher earnings yield than the broad market. That has a nice side effect: Berkshire's traditional superpower is not so much having big gains like that, but never having a big loss. No realized loss over 1% of portfolio, something I sure wish I could say.
Jim