Saturday, February 27, 2021

Berkshire Hathaway 2020 Report

 Warren Buffett released the 2020 report for Berkshire Hathaway here. The interesting thing is the stark contrast between the homespun stories about See’s Candy and Nebraska Furniture Mart and Berkshire's investments in large corporations like Apple, BNSF, and Coca-Cola.

The incredible run in Apple stock seems to make up for the mea culpa from Buffett about Precision Castparts (PCC). However, the report starts out with a chart showing only a 2.4% return from the stock in 2020, compared to a 18.4% return for the S&P 500.

Winning bet on stocks

 The S&P 500 index ETF is one of the safest bets in stock investing, and over time has an increasing likelihood of making money. However...