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Oracle of Omaha on outperforming the Index | Portfolio Yoga

Oracle of Omaha on outperforming the Index

Nearly a month back, I wrote about how one way to Analyze how good a system is, is by comparing the returns to Buy & Hold returns (Measuring Performance). Its hence nice to see similar thoughts echoed by the Oracle of Omaha in his 2013 Annual Report  

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While Buffett writes his thought based on he being a fund manager, if you are running money, you are your own fund manager and the benchmark to beat would be the Index returns regardless of the methods you use. 

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