Meb Faber
@MebFaber
Joined February 2009
2.6K Following 143.9K Followers
If Berkshire had declined 99% today on this news, Buffett would still have outperformed the S&P 500 since 1965.
My favorite statistic in all of investing via @ChrisBloomstran
Legend.
$1,000 invested when Warren Buffett took over Berkshire in 1965 would be worth ~$61M today, vs $462k if you put it in the S&P 500
Berkshire returned an annualized 19.7% vs 10.5% for the S&P
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