Buffett Says Berkshire Is "Better Than the Banks"

Warren Buffett has a long history of teasing investment bankers and their institutions – saying that they encourage mergers and spinoffs to reap fees, rather than improve companies.

Today, he noted that Berkshire Hathaway would always be cash-rich, and in times of need, would be “better than the banks” at extending credit lines to companies in need.

Warren Buffett’s career has been a testament to that the fact that, over the long-term, value investing can produce major gains.

From the start of 1965 through the end of 2021, the per-share market value of Berkshire Hathaway had an average compound annual gain of 20.1%, according to the firm’s annual letter. That is nearly double the S&P 500′s 10.5%, including dividends.

While Buffett has built a big lead over many decades, he has had continued success in recent years. Since 2010, Berkshire has outpaced the S&P 500 in eight calendar years. That is on track to happen again in 2022.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
  • luckyone
    ·2022-04-30
    wish for a good entry to Berkshire...
    Reply
    Report
  • Greg2021
    ·2022-04-30
    WB rulea
    Reply
    Report
  • oppayong
    ·2022-05-01
    [Miser]
    Reply
    Report
  • ValueInvest
    ·2022-04-30
    ok
    Reply
    Report
  • MattU
    ·2022-04-30
    [Smile]
    Reply
    Report
  • Yao84
    ·2022-04-30
    Ok
    Reply
    Report
  • Choonhowe
    ·2022-04-30
    Ok
    Reply
    Report
  • 淡宾尼魔
    ·2022-04-30
    good
    Reply
    Report
  • elilai
    ·2022-04-30
    oh
    Reply
    Report
  • soooz
    ·2022-04-30
    o
    Reply
    Report
  • ShenSiang
    ·2022-04-30
    👍🏻
    Reply
    Report
  • 4M65
    ·2022-04-30
    👌
    Reply
    Report
  • IcaKong
    ·2022-04-30
    👌 👌 👌 👌 👌
    Reply
    Report
  • exoticduck
    ·2022-04-30

    Like

    Reply
    Report
  • tsubasaaki
    ·2022-04-30
    👌 👌 👌 👌 👌
    Reply
    Report
  • Investigater
    ·2022-04-30
    Great
    Reply
    Report
  • Dwnt
    ·2022-04-30
    Like
    Reply
    Report
  • miilic
    ·2022-04-30
    Hap
    Reply
    Report
  • 一路向北666
    ·2022-04-30
    Reply
    Report
  • 达达jam
    ·2022-04-30
    k
    Reply
    Report