Superinvestors: who beat the market?

Superinvestors are successful investors who have achieved exceptional returns on their investments over a long period of time. They are typically regarded as experts in their field and have a track record of making sound investment decisions.

Some famous examples of superinvestors include Warren Buffett, Peter Lynch, and Benjamin Graham. These individuals have consistently outperformed the market and have achieved returns that far exceed those of the average investor.

Superinvestors are often studied and analyzed by other investors in an attempt to understand their investment strategies and replicate their success. Many of them have written books and given interviews detailing their investment philosophies, which have become influential in the investment community.

In this short article we will compare the listed shares of following superinvestors:

-> Berkshire Hathaway (Warren Buffett)

-> Davis Select US equity (Shelby Devis)

-> Fairfax Financial Holdings (Prem Watsa)

-> Icahn Entreprises (Carl Icahn)

-> Pershing Square Holdings (Bill Ackmann)

-> Third Point Investors (Daniel Loeb)

-> Swiss National Bank (SNB) – not a superinvestor

Performance YTD 2022 (17.11.2022):

Fairfax Financial Holdings +19.73%

Icahn Entreprises +5.36%

Berkshire Hathaway +2.82%

BENCHMARK: SPY -16.53%

Davis Select US equity -18.48%

Pershing Square Holdings -17.76%

Third Point Investors -25.54%

Swiss National Bank -20.23%

Performance 2021

Fairfax Financial Holdings +43.64%

Third Point Investors +32.08%

Berkshire Hathaway +29.37%

BENCHMARK: SPY +27.21%

Pershing Square Holdings +17.71%

Davis Select US equity +16.70%

Swiss National Bank +11.97%

Icahn Entreprises -1.74%

Performance last 5 years:

Pershing Square Holdings +152.24%

Berkshire Hathaway +69.80%

BENCHMARK: SPY +53.64%

Davis Select US equity +25.26%

Third Point Investors +23.58%

Fairfax Financial Holdings +9.80%

Swiss National Bank +7.46%

Icahn Entreprises -1.15%

Performance last 10 years:

Swiss National Bank +318%

Berkshire Hathaway +257.86%

BENCHMARK: SPY +190.55%

Fairfax Financial Holdings +110.57%

Pershing Square Holdings +53.64%

Third Point Investors +92.92%

Icahn Entreprises +39.87%

Davis Select US equity +38.31%

Conclusion: Among the selected superinvestors, only the stock of Berkshire Hathaway (Warren Buffet) has been able to outperform the S&P500 during the last 10 years. The stock of the Swiss National Bank has also beaten the market in the last 10 years.