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re: Groupon: The dumpster fire of tech stocks

Posted on 11/19/12 at 5:41 pm to
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 11/19/12 at 5:41 pm to
quote:

76% over the last decade is nothing to sneeze at and definitely not results that warrant the label of "washed up goon." Come on bro.


That's a massive annualized return of less than 6%. Color me impressed .

In that time frame BRK.A has UNDERPERFORMED the S&P by 41 basis points. Sounds like a helluva hedge fund manager to me...

Let me remind you that he managed to underperform on your chosen time frame and in spite of the fact that he gets ridiculous sweetheart deals.

Buffett is a has been and the way that people follow him is absurd. He's not in the top 25 money managers I would give my money to. He's probably somewhere slightly above Soros.
Posted by acgeaux129
We are BR
Member since Sep 2007
15011 posts
Posted on 11/19/12 at 9:09 pm to
quote:

That's a massive annualized return of less than 6%. Color me impressed




From 2000-2010?

quote:

In that time frame BRK.A has UNDERPERFORMED the S&P by 41 basis points.



Are you referring to arithmetic return?
This post was edited on 11/19/12 at 9:10 pm
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