Even The Best Stumble
On the heels of Warren Buffett’s annual letter release, I wanted to highlight an interesting fact. Warren Buffett has underperformed the S&P 500 by 30% over rolling 1-year time periods 5 times! Yes – you read that correctly. Even the best underperform. I call it ‘The Three Guarantees In Life: Death, Taxes & Manager Underperformance.’