There are a hodgepodge of annoying and nauseating phrases surrounding the legend of Warren Buffett. “The Oracle of Omaha.” “Like Woodstock for Capitalists.” OK, whatever. Stupid stuff.
There’s no doubt Buffett is a successful investor, but, like Peter Lynch, he’s kind of a success story from the past. Here’s what Berkshire has done versus the S&P 500 since the financial crisis:
Or, just to get really brutal, here’s how Berkshire investors did compared with Tesla investors:
Suffice it to say, I honestly don’t know what all the fuss is about anymore.
