but I think you knew what I meant in the first place.  B. Hathaway has been a steady earner for ages without having to resort to bubble stocks/ponzi schemes/hype/evil manipulation of the market.

And I rather doubt your random monkey can actually beat the mkt by the amount Buffet beat the market. check out the graph below.  Looks worse for qqq.  Note that's a log scale.  change it to linear if you want to really see a delta.

there may be some dividend differences (total return) but I don't know how to factor that in but S&P yield ha s only been 2-3%/year so over 15 years thats roughly another 1.6 multiplier on the bottom line.

http://finance.yahoo.com/charts#chart2:symbol=brk-a;range=my;compare=spy;indicator=volume;charttype= line;crosshair=on;logscale=on;source=undefined