The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Buffett Trumps All Mutual Funds Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, March 5, 2010

Buffett Trumps All Mutual Funds

News summary by MFWire's editors

Warren Buffett knows what he's doing, and has the numbers to prove it. In the Friday edition of the Wall Street Journal Fund Track, Sam Mamudi reports that Buffett's Berkshire Hathaway has beaten every mutual fund over the past 45 years.

Berkshire Hathaway has generated 20 percent annualized gains since 1965. Citing numbers from Morningstar, Mamudi notes that only two mutual funds come close to Berkshire: Fidelity Magellan Fund, with a return of 16.3 percent a year during Buffett's chairmanship of Berkshire, and Templeton Growth Fund, with a 13.4 percent return on average.

Mamudi then reminds his readers that comparing Berkshire's performance with that of mutual funds doesn't make for an apples-to-apples comparison, since Buffett has more structural freedom than mutual fund managers.

"But the differences highlight the limits of mutual funds, particularly the short-term pressures many managers face," Mamudi writes. 

Edited by: Daniel Tovrov

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use