Has Beating The Market Gotten Harder

As you can see below, Ben Carlson had an interesting tweet using three different timeframes of Warren Buffett’s returns.

3 charts, choose your narrative:

1. Buffett is a closet indexer

2. Buffett has lost his touch

3. Just give it some time BRK will be fine

I have no idea if the old glory can continue, but it sure does feel like something has changed.