The companies that pay the highest stock based comp and total comp in general are in the qqq. The lowest cost public company that I know of the past 50 years is Brk, they paid zero stock based comp and Buffett and munger worked virtually free. The 2-3 percent of equity Buffett and munger didn’t take compounded for shareholder benefit for 50 years. For fun I googled this, “ Over a 15-year period, the Invesco QQQ Trust significantly outperformed Berkshire Hathaway Class B shares, driven by the massive bull run in large-cap technology stocks.A performance breakdown highlights these key differences:15-Year Annualized Returns: The Invesco QQQ ETF generally achieved returns exceeding 20% annualized, while BRK-B tracked closer to a 13% annualized gain over the same span.Sector Focus: QQQ is heavily concentrated in the top 100 non-financial companies on the NASDAQ, which have benefited from rapid digitization and AI tailwinds. Berkshire Hathaway acts more like a diversified conglomerate, weighted heavily toward insurance, financials, and consumer staples.“”