28 Feb 2023
Warren Buffett, The Oracle of Omaha: Track record
- Posted by Dejan Pekic BCom DipFP CFP GAICD, Senior Financial Planner
Warren Buffett age 92 is the Chairman and CEO of Berkshire Hathaway.
Berkshire Hathaway is effectively a LIC (Listed Investment Company) which invests in both listed companies and private companies.
Buffett together with his co-Portfolio Manager Charlie Munger age 99 have been making the investment decisions for 58 years (1965-2022) and their track record against the index is next level.
At the end of December 2022 it stands at 9.9% per annum in excess performance over 58 years for a diversified portfolio of 65 distinct companies.
Click to read.
Hard to imagine that this track record of consistency will be beaten going forward.
If you have family, friends or colleagues that want financial advice please ask them to contact us and we will work out how best to help.
At Newealth we are always looking to support and promote our clients wherever possible and if you have any ideas or comments, please feel free to email me or to call me on +61 2 9267 2322.