Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2019-Afternoon Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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The S&P 500 Index Funds Are a Reliable Long-Term Investment Vehicle

I like the idea of having something that's actually owned by individuals in very significant part who basically trust us and I think it's different than much of capitalism. We will probably if there were to be a very strong bull market from this point forward or we would probably underperform during that period. If the market five years from now or ten years from now is is at this level or below we will probably overperform but  we won't know whether we'll will outperform the S&P 500 or not.

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