My investing muse - what we can learn from Berkshire's FY2021 letter to their shareholders
Berkshire shared their letter to shareholders on 26 Feb 2022. For any value investor, this is one of the times when we hear from two of the greatest value investors of our time - Mr Charlie Munger and Mr Warren Buffett. Performance of Berkshire as compared with S&P500 since 1964 If you have invested with Berkshire in 1964, you would have gained a portfolio increase of 3,641,613% or 36,416x . This translate to a compound annual gain of 20.1% (between 1964 to 2021). O ver the same period, S&P500 would give you a compound annual gain of 10.5% or 30,209% gain if you started investing from 1964. Such returns put them at the pinnacle of value investing. I have been exploring a few ETFs or indices to invest in. After seeing the record, I would strongly recommend investing directly into Berkshire shares instead. With a proven 20.5% compounded annual return, our investment into Berkshire could double in less than 5 years.