Berkshire Hathaway Stock Is Trailing the S&P 500 by About 10 Points This Year. History Says That Usually Doesn't Last.

Berkshire Hathaway (NYSE:BRKA)(NYSE:BRKB) has gone almost nowhere in 2026. The B shares trade near $510 as of this writing, up about 2% for the year. The S&P 500 (SNPINDEX:^GSPC) has gained about 11% over the same stretch. A 10-point deficit is unusual for this company. But it has happened before. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue » Berkshire's annual report carries a table comparing the stock's yearly change against the S&P 500's total return, dividends included, going back to 1965.