"Buffett underperforming. All true, but Buffett wasn't able to beat the S&P 500 total return during the past 20 years. Let's check if that is true. It is not true. Buffett destroyed the S&P 500 in the last 50 40 30 20 and not yet not yet in the last 10 years because if I look at Birkshhire return over the last 20 years your money has increased 8.1x if I compare that with the S&P 500 total return with reinvested dividends 10,000 has gone to 80,000 so Buffett has beaten or let's say equal to the market over the last 20 years."
The speaker argues that despite common beliefs of underperformance, Berkshire Hathaway has matched or outpaced the S&P 500 over the last 20 years, with an 8.1x growth in invested money compared to the market's performance. The commentary emphasizes Berkshire's strong fundamentals and suggests that, in contrast to short-term market noise, its long-term value remains compelling even amid a bubble driven by low interest rates and money printing.
You Should Be Prudent Like Buffett Now!
Value Investing with Sven Carlin, Ph.D.
November 8, 2025
Company Opinion