Subject: Re: How I learned to lose money with Berkshire
On 12/31/1992, Berkshire Hathaway A was $11,750.

On 2/27/2025, Berkshire Hathaway A is $754,825.

This is a roughly 64x gain -- so that $1M would be $64M and some walk around money.

An equivalent $1M in the S&P 500 would be worth $25M with dividends reinvested.

Large numbers aside, the guy w/ $25M lives one hell of a life. The guy with $64M does the same and probably has a net jets subscription.

Sources:

https://www.statmuse.com/money...
https://ofdollarsanddata.com/s...