{"id":370324,"date":"2010-02-27T08:54:00","date_gmt":"2010-02-27T13:54:00","guid":{"rendered":"tag:blogger.com,1999:blog-3087194156628161158.post-6977341950185227334"},"modified":"2010-02-27T08:58:38","modified_gmt":"2010-02-27T13:58:38","slug":"cnbc-buffetts-berkshire-book-value-gains-almost-20-in-2009-but-stock-market-does-better","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/370324","title":{"rendered":"CNBC: Buffett’s Berkshire Book Value Gains Almost 20% in 2009, But Stock Market Does Better"},"content":{"rendered":"

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Published: Saturday, 27 Feb 2010 | 8:22 AM ET<\/p>\n

<\/span>Download the 2009 Warren Buffett Letter & 2009 Annual Report to Berkshire Hathaway Shareholders<\/span><\/a>
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By: Alex Crippen
Executive Producer<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n

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Warren Buffett’s Berkshire Hathaway had a strong 2009, but not strong enough to outperform the benchmark S&P 500 stock index.<\/p>\n

<\/span>In his just-released annual letter to Berkshire shareholders<\/strong><\/strong><\/b><\/a>, Buffett reports the company’s net worth increased by $21.8 billion last year.<\/p>\n

<\/span>That increased the company’s per-share book value by 19.8 percent to $84,487.<\/p>\n

<\/span>But the S&P, including dividends, jumped 26.5 percent in 2009. That’s 6.7 percentage points better than Berkshire’s gain.<\/p>\n

<\/span>It’s the first year since 2004 that Berkshire has underperformed the S&P.<\/p>\n

<\/span>Last year, Berkshire’s per-share book value fell 9.6 percent, but that was much better than the S&P’s 37.0 percent plunge.<\/p>\n

<\/span>Berkshire has underperformed the S&P in just seven calendar years since Buffett took over in 1965.<\/p>\n

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<\/span>Current Berkshire stock prices:<\/p>\n

<\/span>Class A: