$1 invested in the S & P 500 30 years ago, through 2/28/25, grew to $20.55, an annual return of 10.62% annually, with dividends reinvested. That’s despite 2 sizable bear markets (4/2000-3/2003, and 10/07-3/09), as well as many other corrections well in excess of 10%, such as 2022, down 20%. Had I bot a gun in ‘95 that I worried about from an investment perspective, and wrestled over shooting it or not, maybe investing $1,000 in SPY and letting the equity market do its thing would be a decent alternative. Over its 60 year history, Berkshire Hathaway has trounced the return of SPY, I bet these last 30 years were ok for Mr Buffet’s outfit. 1 share of the class A shares is worth about $800,000 currently…looks like it was about $22,700 30 years ago…about 35x….vs SPY doing about 20x. So, $1000 in BRK would be worth about $35,000 today. $500 in each would be worth about $28,000 today, if diversification is your thing. I don’t have any collector-type guns, but what I have I shoot, believing that they’re not my workhorse investments. Only speaking for my guns…there may be guns out there that perform on par with our equity market.
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