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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 163.56-1.0%9:40 AM EST

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To: Wyätt Gwyön who wrote (134298)6/2/2004 11:57:25 AM
From: Kayaker  Read Replies (2) of 152472
 
<<that underperforms Buffett by about a factor of 1000. but don't let mere facts stop you>>

Where are your facts?

The Yale article says a 37 percent annual rate of return since 1981.

Here are the annual returns for Berkshire Hathaway. I get an average of 24.36%.

1981 ... 31.4
1982 ... 40.0
1983 ... 32.3
1984 ... 13.6
1985 ... 48.2
1986 ... 26.1
1987 ... 19.5
1988 ... 20.1
1989 ... 44.4
1990 ... 7.4
1991 ... 39.6
1992 ... 20.3
1993 ... 14.3
1994 ... 13.9
1995 ... 43.1
1996 ... 31.8
1997 ... 34.1
1998 ... 48.3
1999 ... .5
2000 ... 6.5
2001 ... (6.2)
2002 ... 10.0
2003 ... 21.0

berkshirehathaway.com
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