No. of Recommendations: 10
I many times get the glazed over look when mentioning terms like % return , %/Yr outperformance and % relative comparisons when talking to my kids/grandkids about saving, investing, inflation, & spending "within your means" etc''but they sure know the differance between Chevy's & Ferrari's :)'.so converting these %'s to $$$ always gets the point across.
With that in mind & the previous comments on the Pabrai funds past long term performance, ( 5, !0, & 20 Yrs ) , I have compared the Pabrai Funds to the S&P 500 and Berkshire. The values assume an initial investment of $10,000 in each starting 5 , 10, 20 yrs ago ending June 30, 2023.
$10,000 Inv Period.
Ending Last 5 Yrs. 10 Yrs. 20 Yrs
6/30/23.
S&P 500. $17,885. $33,201. $66,170
BRK. $18,061. $30,603. $70,835
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PIF2 $8,944 $15,483. $44,793
PIF3. $10,693. $17,813. $52,873
PIF4 $6,660 $11,782. $26,440
ciao
Excuse the row/column copy-paste bad editing