Yes, yes, he’s incredibly rich and did amazing things in the 1970s and 1980s. But, honestly, take a look at how Berkshire stacks up against the plain old boring simply SPY since the March 2009 bottom. It beat it, yes, by about 10%, but is 10% really worth that kind of adulation?
And don’t even think about the plain old boring QQQ, which is about three times better.
