S&P 500

TIP717: Berkshire Hathaway 2025 w/ Chris Bloomstran

“compounded annual growth rate of 11.4% on equities since its fund's inception on 2/28/1999, compared to 8.2% for the S&P 500.”

RWH033: Lessons From Buffett & Berkshire w/ Chris Bloomstran

“explains why the stock should beat the S&P 500”

RWH033: Lessons From Buffett & Berkshire w/ Chris Bloomstran

“Berkshire to outperform the S&P 500 over the next decade”

TIP548: Berkshire Hathaway Masterclass 2023 w/ Chris Bloomstran

“CAGR of 11.5% since his fund's inception on 2/28/1999, compared to 6.9% for the S&P500.”

Morning Session - 2022 Meeting

“how'd you do versus the S&P, you know, last month or, you know, what's your long”

2020 Berkshire Hathaway Annual Meeting - Part 2 - Q&A

“I don't expect Berkshire to outperform the S&P 500 during good times.”

2020 Berkshire Hathaway Annual Meeting - Part 1

“We don't buy the S&P 500, and we like to buy the entire businesses when we buy them.”

Buffett: "I was wrong" on Kraft Heinz | February 25, 2019

“for a 10-year purchase of a 10-year bond that whatever it is, or 10 years, or buying the S&P 500 and holding it for 10 years, I'd buy the S&P in a second”

Buffett: "I was wrong" on Kraft Heinz | February 25, 2019

“if there were a way to short 30-year bonds and own the S&P for 30 years, I would give you enormous odds that the S&P is going to beat”

Buffett: We bought 'just a little' more Apple, and bought back 'a little' Berkshire | August 30, 2018

“the stock market continue to set new highs, the S&P, the Russell, and the NASDAQ”

Afternoon Session - 2018 Meeting

“women make up less than 21 percent of boards of s and p 500 companies”

2017 Berkshire Hathaway Shareholder Letter

“Over time, the S&P 500 – which mirrors a huge cross-section of American business, appropriately weighted by market value”

Morning Session - 2017 Meeting

“And the S&P will be a, I think actually what I'm suggesting was what, but a very high percentage of people should do something like that.”

Morning Session - 2017 Meeting

“whether they would deliver results to me that were better than the S&P 500 by 1%”

Carol Loomis Interview: Warren Buffett's Principles and Ethics

“the companies in the standard poor's 500 are just everybody who's in the standard poor's 500 and some of these are not good businesses”

2016 Berkshire Hathaway Shareholder Letter

“The S&P 500 numbers are pre-tax whereas the Berkshire numbers are after-tax”

2015 Berkshire Hathaway Shareholder Letter

“Berkshire's Performance vs. the S&P 500... in S&P 500 with Dividends Included”

2014 Berkshire Hathaway Shareholder Letter

“During our tenure, we have consistently compared the yearly performance of the S&P 500 to the change in Berkshire's per-share book value.”

2013 Berkshire Hathaway Shareholder Letter

“A low-cost S&P 500 index fund will achieve this goal.”

Morning Session - 2013 Meeting

“the S&P 500 earns considerably more than 12% on net worth, and then you say that seems reasonable for Berkshire also”

Buffett on Heinz deal: "We've got a great business" | March 4, 2013

“based on beating the S&P and it's all ordinary income to them”

2012 Berkshire Hathaway Shareholder Letter

“the S&P 500 earns considerably more than 12% on net worth and sells at a price far above 125%”

Afternoon Session - 2012 Meeting

“You could have the market value of the S&P, which is in there, with dividends at it back”

2011 Berkshire Hathaway Shareholder Letter

“book-value performance is almost certain to outpace the S&P 500”

2010 Berkshire Hathaway Shareholder Letter

“S&P 500 with Dividends Included — index comparison table showing annual performance data”

2010 Berkshire Hathaway Shareholder Letter

“S&P 500 with Dividends Included”

2010 Berkshire Hathaway Shareholder Letter

“insurance we wrote for parties wishing to protect themselves against a possible decline in equity prices in the U.S., U.K., Europe and Japan. These contracts are tied to various equity indices, such a”

Class B stock split was "easy decision" | January 20, 2010

“we were at 666 on the S&P...and here we are 70% higher than where we were”

2009 Berkshire Hathaway Shareholder Letter

“our gain in book value did not exceed the S&P's gain”

2009 Berkshire Hathaway Shareholder Letter

“the industry's overall return on tangible equity has for many decades fallen far short of that achieved by the S&P 500”

Morning Session - 2009 Meeting

“virtually every stock in the S&P. 500 turns over 100% of years”

2008 Berkshire Hathaway Shareholder Letter

“The table on the preceding page, recording both the 44-year performance of Berkshire's book value and the S&P 500 index, shows that 2008 was the worst year for each.”

2008 Berkshire Hathaway Shareholder Letter

“In 75% of those years, the S&P stocks recorded a gain.”

2006 Berkshire Hathaway Shareholder Letter

“Walter produced results over his 47 partnership years that dramatically surpassed those of the S&P 500.”

Morning Session - 2006 Meeting

“you take the S&P, percentage of book, percentage of sales, good on the line”

Poor Charlie's Almanack

“imagine beating the S&P 500 by an average annual gain of 6.8 percent over twenty-five years”

2004 Berkshire Hathaway Shareholder Letter

“The S&P 500 numbers are pre-tax whereas the Berkshire numbers are after-tax.”

Afternoon Session - 1998 Meeting

“S&P annual calculation has some meaning, because it's an alternative for people to invest. They don't need us to buy the S&P.”