While you probably don't need the reminder, it's been a pretty awful year on Wall Street. Following a peak decline of just 5% for the broad-based S&P 500 (SNPINDEX: ^GSPC) in 2021, the benchmark index has plunged as much as 28% in 2022 and firmly entrenched itself in a bear market. The tech-driven Nasdaq Composite (NASDAQINDEX: ^IXIC) has performed even worse, with a peak-to-trough decline of 38% from its November 2021 all-time high.

But you'd never know we were in a bear market based on Warren Buffett's performance at Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B). Through this past weekend, Berkshire's Class A shares (BRK.A) were up 1% year to date, which is a 20-percentage-point outperformance to the S&P 500, which is down 19% this year.

You'd be jovial like Warren Buffett, too, if your company's stock was outperforming the S&P 500 by 20 percentage points in 2022. Image source: The Motley Fool.

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Source Fool.com