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Berkshire Hathaway: How has it performed since Buffett’s donation to the Gates Foundation?

It’s been a while since I blogged about Berkshire Hathaway’s performance after Warren Buffett donated approximately $29.6 billion of its stock to the Bill & Melinda Gates Foundation.

And, as I sold my class B share yesterday, this post is likely to be the final update. (My sale has nothing to do with the turbulent market conditions or Berkshire Hathaway: the best time to sell a stock is when you need the money; my wife and I are in the process of buying a house.)

I sold my share yesterday for $3,963.03 (less fees and commissions, costs that need to be considered when reviewing a stock’s performance). I purchased it for $2,996.74 (including $9.99 commission) on June 26, 2006, giving me a profit of $966.29.

In the 17 months that I owned it, it reached a high of $4,950 and a low of $2,990.

Most importantly, I made 30 percent on my money over that period. If I’d invested in the S&P 500 index (my benchmark of choice), I would’ve lost about 25 percent. The following graph compares Berkshire Hathaway Class B’s performance (in blue) with that that of the S&P 500 index (in red) during the time I owned it. Select the thumbnail to see a larger version of the graph.

(Graph from Yahoo! Finance)

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