Business Insider: “Here’s how much Warren Buffett’s Berkshire Hathaway has lagged tech stocks over the last 20 years”
By datatrekresearch in IN THE NEWS
Excerpt from Business Insider quoting DataTrek co-founder Jessica Rabe:
.... "If you had put $10,000 in Berkshire Hathaway stock 20 years ago, you would have about $65,300 today. If you had put that same money in the Nasdaq, you would have $110,700.
That's according to an analysis by Jessica Rabe at market research firm DataTrek who asked, "Would you rather have Warren Buffett manage your money or put it to work in a broad basket of US public technology companies?"
.... The QQQ (which tracks the Nasdaq index) and XLX (a S&P 500 tech ETF) have beat Berkshire stock by 454 percentage points and 280 points, respectively, over the last 20 years, according to DataTrek."
Full article here on Business Insider.
