Share

FIRSTonline Banner

Warren Buffett beats the market 17 to 13

In 2012 the title of Berkshire Hathaway, the holding company by Buffett, rose by 17%, against +13% of the entire S&P 500 index – The latest magic of the American financier is linked to the investment in Bank of America.

Warren Buffett beats the market 17 to 13

One more point for Warren Buffett. Indeed, four. In 2012, the American billionaire, guru of global finance, tore up the market by posting gains higher than those of the entire S&P 500 index. The stock of Berkshire Hathaway, Buffett's holding company, rose by 17%, a full four points in more than the index. 

It was mainly his five billion dollar investment in Bank of America, which has gained nearly 50% since then, that got the super-financier's shares off the ground. 

American Express and Wells Fargo also performed well, with increases exceeding 20% ​​last year. And they're two of the largest holdings in Buffett's portfolio.

comments