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Warren Buffett Watch
Bruised Berkshire Holds Lead Over Battered Benchmark Going Into Christmas Break
Both sides have been bruised and battered this year, but Warren Buffett's Berkshire Hathaway is outperforming the benchmark S&P 500 stock index going into the Christmas break.
With four trading days remaining in 2008, Berkshire's stock is down 33.6 percent year-to-date. The S&P has dropped 40.9 percent, excluding dividends.
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CNBC.com Photo Illustration |
Last year, Berkshire scored a 28.7 percent gain, its biggest increase since 1998. That trounced the S&P's 3.5 percent advance.
If Berkshire does hold on, it will be the third straight year that it has outperformed the S&P, following three consecutive years of underperforming the index.
Current Berkshire stock prices:
Class A: [US;BRK.A
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Class B: [US;BRK.B
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