QQQ has outperformed Buffet (BRK.A) by 73% over past 10 years
May 2011 - May 2021 QQQ outperformed Berkshire Hathaway by 73%. (May 2006 - May 2021 QQQ outperformed Berkshire by over 100%)
May 2011 - May 2021 QQQ outperformed SPY by more than 100%.
May 2011 - May 2021 Berkshire Outperformed SPY by about 20%.
May 2001 - May 2011 QQQ underperformed Berkshire Hathaway by 139%
May 2001 - May 2011 QQQ outperformed SPY
Buffet is a great investor, no doubt, but he does not understand tech very well. The data doesn't lie. As the internet has grown in past 10-15 years, Buffet has not adapted. Talk about being late to the Apple party (and arguably early on selling this quarter).
The reason I did this graph is because my father in law (probably most fathers / father in laws) loves Buffet and a good friend of mine is a data scientist for a hedge fund who just DCA (Dollar Cost Average) buys the QQQ and nothing else.
Disclosure: I own neither but majority of my portfolio is 40% Tesla and 50% Crypto (Bitcoin and Ethereum and 10% alt coins), and 10% apple,msft, genomics, pltr and a few others.
May 2011 - May 2021 QQQ outperformed SPY by more than 100%.
May 2011 - May 2021 Berkshire Outperformed SPY by about 20%.
May 2001 - May 2011 QQQ underperformed Berkshire Hathaway by 139%
May 2001 - May 2011 QQQ outperformed SPY
Buffet is a great investor, no doubt, but he does not understand tech very well. The data doesn't lie. As the internet has grown in past 10-15 years, Buffet has not adapted. Talk about being late to the Apple party (and arguably early on selling this quarter).
The reason I did this graph is because my father in law (probably most fathers / father in laws) loves Buffet and a good friend of mine is a data scientist for a hedge fund who just DCA (Dollar Cost Average) buys the QQQ and nothing else.
Disclosure: I own neither but majority of my portfolio is 40% Tesla and 50% Crypto (Bitcoin and Ethereum and 10% alt coins), and 10% apple,msft, genomics, pltr and a few others.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.