Friday, October 7, 2011

Eat this Berkshire Hathaway ;)

Chart: Danaher Corp. vs Berkshire Hathaway & S&P500

Since June 1990, stock price of Warren Buffet's Berkshire Hathaway was growing on average by 13.5% annually. As a result Berkshire shares rose by 1435% versus just 218% for S&P500. Pretty good, isn't it?

Yes, but you can find companies that dared significantly better. One of them is Danaher Corporation - a conglomerate of various industrial and technological companies - that grew by 2961% over the same period.

Its performance is equally impressive over a much longer period of nearly 33 years - 37093% in total or 19.3% annually versus 1100% for S&P500.

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