Quote:
Originally Posted by Guest
Warren Buffet should stick to stock picking the last few years he has been struggling to outperform the market .
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Oops, facts get in the way again.
Warren Buffett is beating the market again - Apr. 25, 2016
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Both classes of Buffett's Berkshire Hathaway -- the only for the 1% A shares (BRKA)(do you have $219,000 in loose change in your couch cushions?) and the more affordable B shares (BRKB) -- are up nearly 11% this year, compared to just a 2% gain for the S&P 500.
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While 2015
was a down year for Buffett...the same applied to 'the market.'
In fact, you have to go back a long way to find where he did worse than the S&P 500.
Warren Buffett's Berkshire Hathaway has year to forget - Dec. 21, 2015
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The last time that Berkshire had a down year and underperformed the S&P 500 was all the way back in 1999.
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CNM