|New Threads Only:|
|New Threads & Replies:|
Forum List » Guru News and Commentaries|
Guru News, Stock picks and commentaries
Warren Buffett's Performance vs. S&P 500 in 2012
Posted by: Dheeraj Grover (IP Logged)
Date: January 3, 2013 09:52AM
Legendary Investor Warren Buffett's Berkshire returns beat the S&P 500 in 2012. In this video, Bloomberg analyzes Berkshire's performance vs. the S&P 500 in 2012. Buffett was able to beat the S&P 500 even without any big elephant acquisitions. His $88 billion dollar of stock portfolio was the key driver of Berkshire's performance. Wells Fargo (WFC), American Express (AXP) and Bank of America (BAC) were the keys stocks which drove the performance. Performance was also driven by some good stock picks by Buffett's new hires Todd Combs and Ted Weschler.
Credit and source: www.bloomberg.com, Bloomberg
Here is the video:
Guru Discussed: Warren Buffett: Current Portfolio, Stock Picks
Stocks Discussed: BRK.B, BRK.A, BAC, WFC, AXP,
Disclaimers: GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.