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Re: bar1080 post# 911

Wednesday, 11/14/2012 3:52:27 PM

Wednesday, November 14, 2012 3:52:27 PM

Post# of 1208
BTW, just for grins I wanted to see how Berkshire Hathaway had done compared to the S&P 500 since 1/2000.
Berkshire was at $56,100 so I used that number from back in 2000. Thru 9/30/12, Berkshire was worth $132,700. The S&P $69,747. 52% of the value!!!So, I started wondering about some of my mutual funds so I put those into the computer using the same starting amount and date.
Investment Co. of America was worth around $88k
Washington Mutual around $99k
Capital World Growth and Income. $128k

I believe we can now safely conclude that owning the S&P over this century was a fairly poor investment.

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