No. of Recommendations: 3
That chart convinced you that you would rather be in brk than spy the past 15 years? No. I was too subtle, I find.
I have been in BRK the past 15 years.
15 years ago (and 25, 20, 10 and 5 years ago) I thought BRK would be better than SPY.
It has NOT been better the last 15 years, though look at the chart...check out that endpoint.
Yet I still cling to the belief that BRK will be better, for me, going forward.
No help for me, I guess.
Keep in mind spy is more liquid and the options are much more liquid as well. IF, I had known Buffett would be so late at authorizing a serious buyback I would have invested substantially more in spy over brk.Buybacks are OK. I'd rather they buy other good businesses. I expect Greg will do large buybacks when it's cheap. Soon, probably.
WHO KNEW that with Buffett and Munger working FREE, that brkb wouldn't crush all other investing options over 30 years? It was VERY lucky that in the kids 401K and 529s picking a stock like brk wasn't an option so, all in, spy with an 18-40 year time horizon worked out great.How has Berkshire done compared with S&P500 over 30 years? The chart tool I use only goes back 26.7 years:
stockcharts.com: PerfCharts | StockCharts.comSubstantial outperformance.
