Apple Now Makes Up 45% of Buffett's Invested Assets
Over the past decade, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has faced his fair share of criticism. Whereas the benchmark S&P 500 has gained 197% over the trailing 10-year period, Berkshire Hathaway's stock has galloped higher by "only" 151%, representing a 46-percentage-point underperformance.
But in Buffett terms, a decade can be a relatively short time frame to gauge investment performance.
Looking back over the Oracle of Omaha's more than five-decade tenure at Berkshire Hathaway, he's absolutely crushed the S&P 500 in aggregate returns. On a compound annual growth basis, Berkshire's return of 20.3% more than doubles that of the S&P 500 (10%) -- and that's including dividends paid. On an aggregate basis, it's led to a better than 2,700,000% outperformance of the S&P 500.
Source Fool.com
