Berkshire Hathaway Inc (BRK.B)

[bar1080]

Yes, mostly Nifty Fifty type stocks. While nifty-fifty was never precisely defined, recent articles have estimated that group returned about 7%-8% a year from the 1970s thru a few years ago, not as good as an S&P 500 index fund but pretty good.

It doesn't matter than some (or many) of those "50" stocks failed. The great majority of stocks are long term losers as this article points out. This study is VERY important for investors to understand: Only about 4% of stocks beat simple/ultra safe Treasury notes. For an investor to do well, he must generally own some of those winners. Hence, the benefit of a broad based index fund.

https://www.thinkadvisor.com/2017/08/21/study-shows-96-of-stocks-dont-beat-treasuries-in-l/?slreturn=20181131161657