Take a look at the annual returns of Berkshire Hathaway and you will see a well-known result: between 1964 and 2021, a $100 investment in the S&P 500 would have returned $30,209, but the same investment in Berkshire would have returned $3,641,613.
Excellent article, Theo! [One correction: you list Bill Ackman twice in the sentence about investors influenced by Graham.]
Great observation! Fixed.
Excellent article, Theo! [One correction: you list Bill Ackman twice in the sentence about investors influenced by Graham.]
Great observation! Fixed.