Bitcoin's CAGR Outpaces Warren Buffett's Portfolio
CryptoNewsTerminal Staff10 Jun, 2024
Bitcoin's CAGR Outpaces Warren Buffett's Portfolio
Bitcoin has outperformed the Warren Buffett portfolio and the U.S. stock market over the past 13 years, according to data from Lazy Portfolio ETF. The compound annual growth rate (CAGR) of Bitcoin since 2011 has been 104%, compared to 10.03% for the Warren Buffett portfolio and 10.44% for the U.S. stock market. This means that an investment of $1,000 in Bitcoin in 2011 would be worth over $100,000 today, while the same investment in the Warren Buffett portfolio would be worth around $3,500 and $3,700 in the U.S. stock market. Bitcoin's outperformance is due to its unique characteristics, such as its scarcity, its decentralized nature, and its growing adoption as a store of value. As more people begin to recognize the value of Bitcoin, its price is likely to continue to climb.
