Timing the market is easily one of the most difficult parts of trading. In particular, calling the market bottom and knowing when to get in is usually something investors only know way after the fact. 24/7 Wall St. is looking back to when the S&P 500 bottomed back in March 2009 to see how some of the major blue chips have fared since then.
Back on March 6, 2009, the S&P 500 bottomed out at 666.79, and from there began perhaps the biggest bull market of the modern era. At the most recent close, the S&P 500 was at 2,779.60, more than quadrupling its bottom nearly nine years ago.
So how does this measure up against Berkshire Hathaway Inc. (NYSE: BRK-A)?
On an adjusted close basis, Berkshire Hathaway closed March 6, 2009, at $73,195.00 a share. The stock most recently closed at $310,250.00 on an adjusted basis.
At first glance, we can see that Berkshire Hathaway’s growth over this nine-year period looks like it is right in line with the broad markets. It has just barely outpaced the S&P 500.
Specifically, Berkshire Hathaway saw its A shares gain 325% for this period. If you had invested $1,000 in Berkshire Hathaway back then, you would have $4,238.68 as of Wednesday’s close.
Over the past 52 weeks, Berkshire Hathaway has outperformed the broad markets, with its shares up about 21%. In just 2018 alone, Berkshire Hathaway is up 4%.
Shares of Berkshire Hathaway were last seen trading near $309,850, with a 52-week range of $242.180.00 to $326.350.00.