TODAY IS WARREN BUFFETT’S FINAL DAY AS CEO OF BERKSHIRE HATHAWAY.
The simple reason for why he’s the GOAT: Compounded Annual Gain from 1964–2024: - Berkshire Hathaway: 19.9% per year- S&P 500: 10.4% per yearOverall Gain from 1964–2024:- Berkshire Hathaway: 5,500,000% return- S&P 500: 39,000% returnOver roughly six decades, Berkshire compounded at nearly double the annual rate of the S&P 500. Many managers got better yearly returns, but no one has been able to beat the S&P by 100% for over six decades. The discipline that it takes to create that longevity is why he’s the GOAT.Source: amit
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