News for hackers. Stuff that matters.

A comment on Warren Buffett steps down as Berkshire Hathaway CEO after six decades. Parent comment

Re:Warren Buffett steps down as Berkshire Hathaway CEO after... by dsQTbR7Y5mRHnZv on Wednesday December 31, 2025 @09:22PM (#46450652)
How do you figure? The portfolio looks to have performed roughly the same as the S&P.
[ Parent | on HN ]
Re:Warren Buffett steps down as Berkshire Hathaway CEO after... by missedthecue on Wednesday December 31, 2025 @09:35PM (#46450729)
BRK total return from inception to 2025: about 5,502,284% (55,000x gain)

S&P500 total return over the same period: about 39,054% (390x gain)

$1 in BRK would be $55k today. $1 in S&P500 would be $390 today. Therefore, following the hypothetical 99% drop, 1% of Berkshire return would be $550, still well above the S&P500's $390.

[ Parent | on HN ]