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

Key Points Berkshire's B shares are up about 2% in 2026 as of this writing, while the S&P 500 has gained about 11%. Since 1990, Berkshire has trailed the index by 10 or more percentage points nine times -- and beaten it the following year in seven of them. The company held about $365 billion in cash and Treasury bills at midyear, and CEO Greg Abel has been spending some of it. 10 stocks we like better than Berkshire Hathaway › 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?