tortoise and the hares

This is a picture of Berkshire Hathaway compared with the QQQ NASDAQ 100 from the day it started trading on March 10th, 1999 to Jan 06, 2023.


There are lots of intervals for which the NASDAQ blows the doors off Berkshire, but comparing from its start to the present, Berkshire looks like it has been the better the bet, by far. 


Berkshire Hathaway is dark blue
QQQ - NASDAQ 100 is light blue

The split is when Berkshire B shares began trading. 


Comments

Post a Comment

Popular posts from this blog

It really is all about prices and earnings, isn't it?

 It is late at night and I should be sleeping not writing in my blog but I want to put down an idea knocking around my head. That idea is this: The P/E or "price earnings ratio" is the most visible and lasting metric in the stock market because it represents the time-value nature of the whole endeavor and what really drives this whole enterprise - earnings. Profits. Valuing future income streams. What equity investors bring to this endeavor the ability to estimate growth and whether or not a stock has that growth priced in yet or not. As long as there are investors and there are tomorrows this will probably go on. 
Read more

I've paid for so many data feeds and this was right there the entire time.

Image
 The WSJ is a great paper in its own right just for the news. They do have awesome 5 yr financial statements available in a web tab on the site. I think this is free/available to non-subscribers as well. Like I don't think getting a quote is (yet) paywalled... This video shows how to use Excel's Power Query function to pull in any of the statements that are available on their site for your own DYOR.
Read more