Berkshire has beaten the S&P500 over the last 5 years and more or less matched it over 20 years, according to this article:
https://www.morningstar.com/news/mar...for-the-sp-500
I'd be happy with that. I don't own it directly only through the usual ETFs/KiwiSaver funds like most of us have. S&P500 plus the odd value fund eg Smartshares US Value (VTV).
Over 30 and 40 years, Brk absolutely destroys the S&P500
https://www.forbes.com/sites/dereksa...are-to-sp-500/
I must admit I didn't appreciate how big Berkshire's out performance was during the last 40 years.
"...Berkshire's 271% return over the last decade and 50,799% surge over the last 40 years smashes the S&P's 232% and 4,213% respective gains..."
Anyway looks like a Paramount sized mistake is unimportant and barely worth a mention in this context.