There are a hodgepodge of annoying and nauseating phrases surrounding the legend of Warren Buffett – The Oracle (NYSE:ORCL) of Omaha, Like Woodstock for Capitalists.
There’s no doubt Buffett is a successful investor, but, like Peter Lynch, he’s kind of a success story from the past. Here’s what Berkshire (NYSE:BRKa) has done versus theS&P 500 since the financial crisis:
Or, just to get really brutal, here’s how Berkshire investors did compared with Tesla investors:
Suffice it to say, I honestly don’t know what all the fuss is about any more.