PREMIUM: RUSSO

BUFFETT LAGGING

Berkshire Hathaway stock has underperformed the S&P 500 for the past decade. By a recent calculation, Berkshire’s stock has risen by nearly 260% versus the market’s more than 300% advance in the decade ended in 2018.

Despite Berkshire’s stunning record since 1965, 21% compounded annualized gains, this is not the first time that the company’s shares have underperformed the market for a decade. It’s happened several times in recent years.

Berkshire has outperformed the market by double digits in every trailing ten year period since 1978. But it hasn’t had a double- digit advantage since 2002, and in recent years it has underperformed the market in three ten year spans.

Are Berkshire Hathaway’s best years behind it? Great investor and long-time holder, Tom Russo responds.

PREMIUM: YOCKEY

INTERNATIONAL GROWTH EXCLUSIVE

International investing star Mark Yockey joins us in a WealthTrack Exclusive to discuss his global stock picks.
 
With episodic exceptions, the U.S. has been the place to invest since the global financial crisis. There have been occasional bouts of outperformance by European and emerging markets, specific geographical locals and individual countries but overall, the U.S. markets trajectory has been higher, the U.S. economy stronger and the dollar dominant.

The past year is a case in point. No matter where you looked around the world currencies weakened against the dollar. From the Japanese yen and the Swiss franc to the Indian rupee and the South Korean won, to the British pound and the Euro to the Chilean peso and Brazilian real.

It’s been a challenging time for global investors, especially those running international funds. This week’s guest is up to the challenge and has been investing overseas for nearly three decades.

PREMIUM: LIPSKY & SARGEN

STABILITY OF GLOBAL FINANCIAL SYSTEM

Two economic thought leaders assess the still challenged stability of the global financial system.