Thursday, March 19, 2009

Is everything alright with warren Buffett?

IIPM Ranked No. 1 B-School In Global Exposre - Zee...

“Yesterday I died! That’s bad news for me”


If you can beat the market, you’re either plain lucky or a liar... or Buffett. This suggestedly vicarious saying has been a favourite squeeze of umpteen shows on Broadway, which assuage to presumably being of the, um, intellectual variety that the suited partisan clan partakes of. And one doesn’t need to see the late night west coast rerun of Squawk Box on NY1 to understand why. Buffett has beaten the market beyond expectations for too long now [as per our statistics, now for over 43 years!]. He has made his investors richer by unbelievable percentages since the day he took over the reigns of his company, Berkshire Hathaway. This comparison might come your way in any eulogy on Warren you might read, so we decided to spin it up anyway. Way back in 1965, when Warren was just 35 – and neither of us was born – if we had decided to invest $1 in his firm, today, we would have been worth $400,863. On the contrary, an S&P 500 investment would have fetched us unborn-again- believers just $6,840!

For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).


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IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
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