The S&P 500 trailed Berkshire Hathaway’s Class B shares by 16.9 percentage points over the past month, as the stock reached an all-time high, figures published Nov. 12 show.
Class B posted a 13.2% return, against a 3.7% loss for the S&P 500.
In CNBC’s comparison through Nov. 7, the S&P 500 was down 5.5%, while Berkshire Class A had gained more than 12%. CNBC said investors had been shifting out of technology stocks, a dynamic covered in EconoTimes’ earlier report on Berkshire’s stock performance.
The latest performance follows an 8.9% gain for Class B in October, when the S&P 500 fell 0.9% and the Nasdaq Composite declined 5.3%, according to EconoTimes’ earlier comparison.
