No. of Recommendations: 1
"Bloomstran said the following regarding Berkshire's valuation on 8/2/2025:"
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I have always enjoyed reading the Semper Augustus LLP reports & Chris's view of Berkshire Hathaway.
As of Q1, the LLP portfolio total was over $600M and over 30% allocated to Berkshire.
dataroma.com: DATAROMA Superinvestors Portfolio HoldingsAs mentioned earlier he has been a holder & huge fan of Warren Buffett & Berkshire for over 25 yrs.
His published LLP performance however is a bit puzzling with under performance for all 1,3,5,10,15,&20 yr comparisons to the S&P.
Over 20 yrs ending 12/31/24, he has underperformed by 3.1%/yr or an account value 46% below an equivalent investment in SPY, ($1.85:$1)!
(See p.167.
static.fmgsuite.com: PDF document)
This then begs the question,
"Am I just entertained by his writing or is the LLP like so many others & just damn hard to compete with the overall market in the long term?"
ciao
