Is Billionaire Buffett Going Downhill?
There are a hodgepodge of annoying and nauseating phrases surrounding the legend of Warren Buffett. “The Oracle of Omaha.” “Like Woodstock for Capitalists.” OK, whatever. Stupid stuff.
There’s no doubt Buffett is a successful investor, but, like Peter Lynch, he’s kind of a success story from the past. Here’s what Berkshire has done versus the S&P 500 since the financial crisis:
Or, just to get really brutal, here’s how Berkshire investors did compared with Tesla investors:
Suffice it to say, I honestly don’t know what all the fuss is about anymore.
Disclaimer: This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult ...
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AN Interesting comparison. The fact is that sometimes some people can make a string of good choices and benefit quite a bit. Warren Buffet is one such example. And, of course, some folks have a longer string of good choices than others do. That is the way reality works.
If you are comparing the performance between speculation peak with value bottom why don’t you compare the performance during bear market?