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Warren Buffett A Success Story From The Past

ByTim Knight
Published 06/26/2020, 12:37 PM
Updated 07/09/2023, 06:31 AM

There are a hodgepodge of annoying and nauseating phrases surrounding the legend of Warren Buffett – The Oracle (NYSE:ORCL) of Omaha, Like Woodstock for Capitalists. 

There’s no doubt Buffett is a successful investor, but, like Peter Lynch, he’s kind of a success story from the past. Here’s what Berkshire (NYSE:BRKa) has done versus theS&P 500 since the financial crisis:

Or, just to get really brutal, here’s how Berkshire investors did compared with Tesla investors:

Suffice it to say, I honestly don’t know what all the fuss is about any more.

Latest comments

"Look - I cherry-picked two graphs in an attempt to disparage someone in support of my 'nauseating' ageism!" One thing I'll say about Buffett - he doesn't strike me as being half as lazy and misleading as you do. I'll pay you $50 to put your entire portfolio in Tesla tomorrow morning. Deal?
why do all these millennial authors constantly hate on Buffet?
they don't want become rich slow
Sound companies with good, tangible products, high cash flows and low debt are a thing of the past? You do you.
what a waste of time reading this article.. Author clearly doesn't understand power of $130 billion cash - he will know in about 6-12 months !!!
I watch what he's selling. He's old school and learning the trend.
Warren Buffett is the the top investor of all time, all of you don't trust Buffett's moves but you don't have 138 billions cash like berkshire hathaway, the other companies always barrow billions to survive, berkshire hathaway helps the other companies in crisis like goldman sacks and harley davidson, after pandemic mr market will be laugh and Berkshire Hathaway will fly to stratosphere
Yes he made billions in the past when oil was $140 a barrel. Welcome to 2020, Cash is no longer the king, Tech is the new King. Millennials are running the show now.
Cash is no longer a long - remember these words in about 6-12 months when this fake bubble bursts.
 Awww... you're cute.
You are naive. He is sitting on a cash trove he will put to work once this over priced bubble market is cut down to size. Tesla is going to $0.00 ...you will see.
It's hard for Warren in an era of cheap money.  Cheap money chases high growth stocks tech names not the type of "sound" investments Warren makes.
You don’t get it- the market always prices things right but in the long run-not every day- you will regret writing this trite article in the long run on an investment site
I couldn't agree more. I'm still holding cash from January 27. When equities are based on real world growth and revenue and not just debt servicing, I'll jump back in.
you are 100% right, Buff lost the train long time ago. Nobody can beat time anyway
nah what other company lost 50 billion has almost 3 times that to spend and willingly sold his air line stocks at the worst possible time, well a major pillar of world wealth that props up banks and can purchase parts of an industry....just which one is the question
Hmm, well I thought this article was going to say Mr. Buffet was right to hold off investing after March crash. That he'll take advantage of a bigger and deeper crash yet to come. Missed opportunity there I think. I suspect Buffet will have the last laugh yet.
Another terrible article from Tim Knight. It makes you wonder what his motivations are...
so you are just comparing short-term. how fair is that?
unfollowed only becausr of short sighted comparison. someone can do better even with nvidia but did anyone know about it when it started
Charlie is the real one. Buffett is a good showmanship. Charlie is not investing much nowaday.
Equity is built over time and not overnight.
Another nonsense article!
Testa is a tech+ car manufacturer, Berkshire is a conglomerade, it's not comparable, normally comglomerades are more stable, there is a portfolio of investment in diferent sectors (at least a diversificated comglomerade like Berkshire) with different rentabilities that aminorate the rentability of the conglomerade.
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