If Warren Buffett wasn't the head of Berskshire Hathaway and instead worked as a financial advisor for investors, he'd probably have a tough time holding a job these days.
div > div.group > p:first-child"> That's because the man known as one of the greatest investors of all-time often underperforms the market, according to an analysis by Michael Crook, head of Americas investment strategy at UBS. Crook this week updated a chart he first presented in 2015 that showed over daily, monthly and even on a five-year basis, Buffett's Nebraska-based conglomerate often falls short of the S&P 500.The point, of course, isn't that investors should shun Buffett. Over time, the results more than justify the patience.
"I speak to financial advisors all the time. Whenever we see each other, we all feel the investing public has forgotten about the concept of risk" Goldberg said."Investors were overly focused on risk from 2009 to 2016. And now their attitude toward risk has gone completely the other way. This is very emblematic of end-of-bull-market performance."
HOW DID WE GET TO INCOME INEQUALITY. SIMPLE.!! 1944-1963 - THE FEDERAL TAX FOR THE RICH WAS 90% FOR ANY AMOUNT OVER $250,000 (click on link)