Kim Kardashian has a better stock portfolio than Warren Buffett
Kim K’s stocks have doubled in value since Christmas 2017
Kim Kardashian’s stocks, ranked for performance
Kardashian can thank stellar performances from streaming giant Netflix (+154%), iPhone peddlers Apple (+120%), and ecommerce lord Amazon (+157%) for most of her gains.
That isn’t to say Disney and Adidas were bad calls. Both $DIS and $ADDYY are still in the green since 2017’s Christmas, up 11% and 40% respectively.
On the other hand, Buffett’s Berkshire is down 1.91% over the same period. Berkshire’s portfoliomostly consisted of old school bank stocksleading into the coronavirus pandemic, dragging down its returns.
[Read: The ‘average’ Robinhood trader is no match for the S&P 500, just like Buffett]
But let me reiterate: Kardashian’s portfolio of stocks—while admittedly under-diversified—constantly outperformed Berkshire over the past two and a half years, and recovered far quicker in the wake of global financial meltdown.
Queen.
[H/TMarket Realist]
Story byDavid Canellis
David is a tech journalist who loves old-school adventure games, techno and the Beastie Boys. He’s currently on the finance beat.David is a tech journalist who loves old-school adventure games, techno and the Beastie Boys. He’s currently on the finance beat.
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