Warren Buffett Just Beat the S&P 500 by the Widest Margin Since 2007. Can He Do It Again in 2023?
Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) gained 3.3% for investors in 2022, compared to the S&P 500's loss of 18.1% with dividends reinvested. Berkshire hadn't outperformed the S&P 500 by such a wide margin since 2007. And it did so even though the largest holding in its investment portfolio, Apple (NASDAQ: AAPL), fell more than 26%.
The question now is whether Berkshire can follow up its 2022 performance with another banner year in 2023. If Berkshire does beat the market, here's what it could mean for your portfolio.
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Source Fool.com