Chris Bloomstran, Semper Augustus – Buffett, Berkshire, & Investing During The Energy Transition | #410
The Meb Faber Show - Better Investing
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What's the Difference Between Berkshire's and Buffet's Returns?
I'm simply trying to raise a warness. And a lot of people don't like me for it, but it is wit this. I had interested in spacks years ago and determined that the structure was pretty slazy. Great for the promoter, not so great for the retail investor. When chamoth compared his return series to mister buffet's, i think the buffet return was 12 % compound. There was only one moment in the compound series, forward or backward, where the berkshire return was 12 and a half%. That was using the stock price ending 19 75, because it was down forty nine and a half % in 19 74. Although berkshire rolled over
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