Even Warren Buffett Can’t Beat the Money Printer

Even Warren Buffett Can’t Beat the Money Printer

Anyone can beat the market for a year or two. But to do it consistently over 60 decades puts you in history books.

Last week, legendary investor Warren Buffett surprisingly announced he’ll retire as CEO of Berkshire Hathaway at the end of the year. It will mark the end of an era.

Since he took over the company in 1965, the 94-year-old Buffett – known as the “Oracle of Omaha” – has created incredible value for shareholders.

His success dates back so far, I don’t have the historical data to show just how great his performance has been over the past 60 years.

The chart below shows Berkshire Hathaway’s returns since 1980.

Over the past 45 years, Berkshire has returned 331,678%. By comparison, the S&P 500 has returned 14,608% over the same span – if you include reinvested dividends.

That’s an insane 22x difference.

To put that in context, if you invested $1,000 in Berkshire in 1980, it would be worth $3.3 million today. That same $1,000 invested in the S&P 500 would be worth $147,080.

Buffett is widely considered the smartest investor in history. Yet, there’s one “dumb” asset that’s given him a run for his money over the last quarter century: Gold.

And while this yellow lump of metal has run neck-and-neck with Buffett over the years… We believe it will be lapped by a newcomer to the field: Bitcoin.

The Low-IQ Investment vs. the World’s Smartest Investor