Buffett 20% annualized gains over 45 years

Quote from turkeyneck:

NEW YORK (MarketWatch) -- Many investors can only look on with envy when Warren Buffett says his shareholders have seen 20% annualized gains over the past 45 years -- even the best mutual funds pale by comparison.

http://www.marketwatch.com/story/buffett-and-berkshire-outperform-all-mutual-funds-2010-03-05
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TOTAL BULLSHIT! Average annual return over last 11 years has been 5.9% (per StockCharts.com). No way to manipulate that to "20%/yr".

And prior to the big gain from Mar, '09, low... BRK.A's 10-year average gain was only a smidge above ZERO PERCENT PER YEAR!.
 
That's nothing. With the new advances in forex trading and many trading robots generating 20% per week (and a few discretionary traders right here on ET), it's a matter of time before his wannabe "track record" will be put to shame.
 
Quote from nukethewhales31:

sure and donald trump really is worth that he says he is... lol

best business is selling the idea you know what your doing.. even when you dont.
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The man has $40 billion. Without getting out my calculator, how in the hell do you think he created all that without some very impressive returns?

Man, the people here on ET crack me up. There is ALWAYS a conspiracy, I guess.
 
Quote from Scataphagos:

TOTAL BULLSHIT! Average annual return over last 11 years has been 5.9% (per StockCharts.com). No way to manipulate that to "20%/yr".

And prior to the big gain from Mar, '09, low... BRK.A's 10-year average gain was only a smidge above ZERO PERCENT PER YEAR!.
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It is not total BS, just minor BS. Over the first 34 years the compound annual return was over 25%.

The much flatter performance over the last 11 years brings it down to the 20% over 45 years.
 
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