Reported 1 day ago
Berkshire Hathaway has outperformed the S&P 500 due to its investment philosophy of doing less but doing it better, as highlighted by the late Charlie Munger. By focusing on a few key investments in sectors where they have an advantage, Berkshire achieved a 19.8% annual return from 1965 to 2023, compared to the S&P 500's 10.2%. This approach is accessible to everyday investors, suggesting that embracing passive investing strategies, like low-cost index funds, can also lead to success.
Source: YAHOO