Subject: Re: beating the market
WEB436:
I am curious to know that if you put all of that money into Berkshire Hathaway 23 1/2 years ago, how would that compare to your current results?

Took me a while look over my spreadsheet and:
Although It's obvious BRK had a good record over the period it's obvious that I did much better. To end up with my current portfolio I would have had to live on less than 1% of my investments per year.
Given another 23 years I'm convinced there is a very low probability I could come close to the returns from mechanical screens and daily trading many of us achieved 15 plus years ago.

I just advised an economically successful daughter that wanted me to manage her investments to put some in VWENX some in BRK and forget it.

RAM