Warren Buffett On Asset Allocation, HomeServices And Missing Walmart

HFA Padded
Rupert Hargreaves
Published on
Updated on

2004 was a bad year for Berkshire Hathaway. The company's book value growth underperformed the S&P 500 by 0.4%, the second year in a row it lagged the index. Q4 hedge fund letters, conference, scoops etc However, Warren Buffett and his right-hand man Charlie Munger were unperturbed by this performance. 2003 and 2004 were exceptional years for the S&P 500 as it recovered from the dot-com crash, and during the crash, Berkshire substantially outperformed the index. It outperformed by 15.6% in 2000, 5.7% in 2001 and 32.1% in 2002. In fact, between 1980 and 2002, Berkshire's book value growth only...

This content is exclusively for paying members of Hedge Fund Alpha

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!
This article is only available for Premium Members
Subscribe today and get :
Insider Strategies and Letters to Shareholders from the Top Hedge Funds
Exclusive Access to coverage of Private, Closed-Door Investor Conferences
Hedge Fund Manager Research Currently Producing 21% – 40% Returns Annually

Don’t have an account?

Subscribe now and get 7 days free!
HFA Padded

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk