S&P 500 Index

Buffett: Coronavirus threat shouldn't change how you invest | February 24, 2020

“The difference with an S&P 500 index is it's 500 different companies run by 500 different management”

Buffett: Coronavirus threat shouldn't change how you invest | February 24, 2020

“Berkshire has now underperformed the S&P 500. the S&P 500 on one year, three year, five year, and 10 year marks.”

Afternoon Session - 2019 Meeting

“I would rather own an index fund than carry Treasury bills... looking back on 10 years of a bull market”

Afternoon Session - 2019 Meeting

“you have recommended low-cost S&P and again today, S&P 500 index funds as reliable long-term investment vehicles”

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

“With so many people in the S&P index funds, is it still market neutral and the best investment vehicle for most people? Yeah, I think it's the best investment.”

Pilot Flying J acquisition | October 3, 2017

“If I could be short the 30-year bond at 3% or something and long the S&P 500 and just have it put away for 30 years, stocks are going to far outperform bonds.”

2016 Berkshire Hathaway Shareholder Letter

“the S&P 500 will outperform a portfolio of funds of hedge funds, when performance is measured on a basis net of fees”

2016 Berkshire Hathaway Shareholder Letter

“Group B (do-nothing investors) comprise the total investing universe, and B is destined to achieve average results before costs, so, too, must A... over-perform the S&P over long stretches.”

2016 Berkshire Hathaway Shareholder Letter

“index fund replicating the S&P 500”

Vice Chairman's Thoughts — Past and Future (2014)

“the S&P 500 Index produced about 10% per annum, pre-tax, during the last 50 years, creating a significant tailwind”

2014 Berkshire Hathaway Shareholder Letter

“The S&P 500 was then below 700; now it is about 2,100.”

2014 Berkshire Hathaway Shareholder Letter

“the S&P 500 Index produced about 10% per annum, pre-tax, during the last 50 years, creating a significant tailwind”

2013 Berkshire Hathaway Shareholder Letter

“Compounded Annual Gain – 1965-2013 ........................... 19.7% 9.8% 9.9 (comparison of Berkshire to S&P 500 performance)”

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

“You can buy an index fund, a very low cost index fund, and get those results... beat them over time. The S&P was up by just over 16% last year.”

2011 Berkshire Hathaway Shareholder Letter

“in S&P 500 with Dividends Included. Relative Results comparing Berkshire vs S&P 500”

Morning Session - 2011 Meeting

“if you trade an S&P future contract, 500, S&P 500 contract, and you hold it for 10 seconds”

Morning Session - 2011 Meeting

“how we're doing in the S&P 500 versus the five fund of funds”

Morning Session - 2010 Meeting

“the S&P 500 contract. That changed the whole derivatives game. At that point, basically Wall Street just said, you know, come on in, and everybody can speculate in an index”

Morning Session - 2009 Meeting

“they did no better than match the S&P last year, which was minus 37 after adding back dividends”

2008 Berkshire Hathaway Shareholder Letter

“we sell a 100-year $1 billion put option on the S&P 500 at a strike price of 903”

Warren Buffett | Testimony | 2008 Financial Crisis | June 2, 2010

“when they were introducing the S&P index future. And I said there are legitimate uses for it”

Morning Session - 2008 Meeting

“if we could guess successfully a high percentage of the time where the stock market was going to go, we would do nothing but play the S&P futures market”

2007 Berkshire Hathaway Shareholder Letter

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

Afternoon Session - 2005 Meeting

“fund managers who think their job is to beat the S&P on a short-term basis”

Afternoon Session - 2001 Meeting

“if you look at the S&P figures of the last 15 years, they report them both before special charges and after special charges”

Warren Buffett | Nightline Interview | 1999

“The last three years prior to this one, when the S&P has gone up more than 20% every year, that's almost unprecedented.”

Warren Buffett | Nightline Interview | 1999

“If you put that same money into the S&P 500, you'd have only about $132,000.”

Afternoon Session - 1997 Meeting

“being the dividend payout on the S&P, we'll say. And the other 15 percent is reinvested”

Afternoon Session - 1997 Meeting

“average returns from stock market index type investing to regress somewhat down from what they've been...owning the S&P over the next 10 years”

1992 Berkshire Hathaway Shareholder Letter

“compare it with the annual results (including dividends) of the S&P 500”

1987 Berkshire Hathaway Shareholder Letter

“During the decade, 24 of the 25 outperformed the S&P 500.”