alt Hacker News> BRK-B's 5 year return is 2% per year more than SP500.
> If my goal is to not sell for a decade or more, I'm not sure what BRK offers over SP500, except more risk.
I think you have already answered your own question. Historically, BRK-B has very often outperformed the SP500.
Plus, their investment philosophy is pretty clear. It's a solid alternative if you distrust tech which is today very heavy in the SP500.
>Historically, BRK-B has very often outperformed the SP500.
Huh? The point I was trying to make that the returns seem to equalize the further back we go.
> It's a solid alternative if you distrust tech which is today very heavy in the SP500.
The only reason BRK kept up with SP500 over the last 10 years is because of its outsized investment in Apple in 2016 or so, after the disastrous results of sitting out of tech in the 2000s and early 2010s and pursuing other investments such as Kraft Heinz or whatever.
As of September 2025, Apple is still 21% of BRK's publicly listed holdings:
https://www.cnbc.com/berkshire-hathaway-portfolio/