Warren Buffett's Berkshire Blasts Benchmark S&P Over Decade
Shares of Warren Buffett's Berkshire Hathaway far outperformed the benchmark S&P 500 stock index over the decade of the 2000s, with a gain of 76.8 percent.
The S&P dropped 24.1 percent, excluding dividends, over the same ten-year period ending today (Thursday.)
Buffett beat the S&P in six of the 10 calendar years, but 2009 was not a winning year for the Oracle.
Berkshire did manage a small gain of 2.7 percent this year, but the S&P's surged 23.5 percent, excluding dividends That ends a three-year winning streak for Buffett & Co.
It's the S&P's biggest annual winning margin since the tech bubble days of 1999 when the benchmark beat Berkshire by over 39 percentage points. (Berkshire won by double-digits the next three years.)
Current Berkshire stock prices:
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