Grand Deja Vu? Techs tanked, BRK surged

[clutch]

I had a Deja Vu of reading this thread and hence came here to report the last 5 year returns of FANG vs. BRK... just for fun.

 

FANG: 28.57% annualized

BRK: 11.26% annualized

 

p.s. S&P500: 13.99% annualized

[alpha]

I had a Deja Vu of reading this thread and hence came here to report the last 5 year returns of FANG vs. BRK... just for fun.

 

FANG: 28.57% annualized

BRK: 11.26% annualized

 

p.s. S&P500: 13.99% annualized

 

I think the real surprise is that rates have been so low for so long, that is really the driving factor.

[scorpioncapital]

Is it? How can we separate low rates by growth rate? Would tech growth rate be reduced by higher rates enough to make a difference, since higher rates also reduce value stock business prospects? The only explanation I can think of why Berkshire would outperform in higher rate environment is just cash which will be more valuable and some businesses like financials or utilities that may make more money in a counter-cyclical kind of way.