Sunday, April 1, 2012

Was Warren that much better?

This is a follow-up to "Should I fire my full service broker?"  I guess, Warren Buffett deserves a posting by itself. How did Mr. Buffett do over the last five years, including his famous GE and Goldman Sachs deals? I guess we better don’t leave out the Burlington deal either. Well here is the long term chart for Warren:
Impressive but even Warren was hit badly in 2008. So how did he do? The answer is: 2.1% per year. Better than most but even for Warren the last 5 years delivered meagre returns.

1 comment:

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