Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 01-08-2020, 05:37 PM   #701
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
RunningBum's Avatar
 
Join Date: Jun 2007
Posts: 9,003
Quote:
Originally Posted by NW-Bound View Post
They are talking about how much BRK trailed the S&P.

I just computed a number of 11.09%, so it is closer to 11% than 12%. That is trailing the S&P by 20% in 2019. It's huge.

See: https://www.msn.com/en-us/money/mark...ade/ar-BBYHCoj
Ah, ok. Worst relative to the S&P. It read to me like it was the worst overall, as in all other years were better than 11%.
__________________

RunningBum is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 01-14-2020, 08:01 AM   #702
Thinks s/he gets paid by the post
steelyman's Avatar
 
Join Date: Feb 2011
Location: NC Triangle
Posts: 4,428
BLS reported the CPI for all items less food and energy for 2019 was 2.3%.

With such a stellar market performance, hopefully everyone’s real return for the year is still up there!
__________________

__________________

steelyman is offline   Reply With Quote
Old 01-14-2020, 10:00 AM   #703
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
kcowan's Avatar
 
Join Date: Jul 2006
Location: Pacific latitude 20/49
Posts: 7,004
Send a message via Skype™ to kcowan
Expense lagged plan by 25% (I.e. 3% vs 4%)
Returns exceeded plan by over 100% ( 7% versus 15 %)
And our financial plan predicts we can live forever!

Now the focus is on managing through the inevitable downturn and stepping up divestments.
__________________
For the fun of it...Keith
kcowan is offline   Reply With Quote
Old 01-14-2020, 11:19 AM   #704
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 26,266
After inflation, my real return is still 25.3%, on a stock AA of less than 60% now. WR of last year was 1.5%. I have not a good year like this in a long time. But that is past. What is coming is more important and interesting.
__________________
"Old age is the most unexpected of all things that can happen to a man" -- Leon Trotsky
NW-Bound is offline   Reply With Quote
Old 01-16-2020, 08:58 PM   #705
Recycles dryer sheets
 
Join Date: Mar 2013
Posts: 400
Annualized my primary 401K growth rate the first 15 days in January and got 28.8%.

FIRE'ed 3 years, DW still working, not taking anything out of the portfolio so far....
doneat54 is offline   Reply With Quote
Old 01-18-2020, 03:58 PM   #706
Dryer sheet wannabe
 
Join Date: Apr 2019
Posts: 24
Quote:
Originally Posted by NW-Bound View Post
Just saw a headline on the Web proclaiming "2019 was Warren Buffett's worst year in a decade". 11% return in 2019, compared to the S&P of 31+%.

Hey, I have Berkshire Hathaway too. It used to be 5% of my porfolio, but was trimmed down to 2.5% in 2019. I have not paid much attention to it, just as I don't with my mutual funds.

Well, it's another position that held me back, else I would do even better than 27.62% that I had overall. It's OK. Its value will show when the market tumbles. I've got to have some contrarian stocks in the mix.
I've owned Berkshire since 2006, and since then it's returned nearly 300% versus the S&P return of 150%. It makes up nearly 15% of the equities portion of my portfolio. But its value-oriented approach lagged badly the growth-biased S&P 500 in 2019, trailing the index by nearly 18%. And that's *with* a sizable investment in Apple. And when you do a little digging, it's performance over the past decade is troubling; while it beat the S&P 500 in 2008, 2012, 2014, 2016, 2017, and 2018, it has underperformed the S&P in the past one, three, five, and ten-year time spans. I'm sure it's nearly $150 billion in cash is creating a significant drag on performance.

I'm guilty of considering Berkshire something of an S&P 500 index fund substitute in my portfolio - something that should outperform the index slightly in a down market due to its value orientation, and perhaps significantly outperform the index during a recovery due to its ability to deploy that enormous cash reserve to scoop up underpriced bargains in a major correction or recession. But recent history didn't really prove that out– it outperformed the index by about 5% in 2008, but slightly underperformed in 2009, and didn't beat the index again until 2012.

I'm still a big fan of Buffett and his approach to investing, but I'm wondering if perhaps it's no longer relative in this age of rapid change, technology growth, and passive index investing, not to mention the sheer size of Berkshire.
__________________

Ducati52 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
2017 YTD investment performance thread robnplunder FIRE and Money 706 01-09-2018 12:26 AM
2016 YTD investment performance thread robnplunder FIRE and Money 864 02-01-2017 09:45 AM
2015 YTD investment performance thread robnplunder FIRE and Money 689 01-21-2016 07:28 AM

» Quick Links

 
All times are GMT -6. The time now is 12:38 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2020, vBulletin Solutions, Inc.