Berkshire shares left behind as S&P 500 rallies to record high

Cnbc · Apr 18, 2026 · 1018 words · By Alex Crippen

Tax Policy and Corporate Responsibility Corporate Governance and Leadership Transition (Buffett) Market Performance and Investment Trends

open_in_new Read the original article: https://www.cnbc.com/2026/04/18/berkshire-shares-left-behind-as-sp-500-rallies-t…

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fact_checkFact-Check Results

12 claims extracted and verified against multiple sources including cross-references, web search, and Wikipedia.

check_circle Corroborated 4

info Single Source 2

verified Verified By Reference 2

help Insufficient Evidence 2

schedule Pending 2

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“Optimism that the U.S. conflict with Iran is approaching a resolution helped lift the S&P 500 index to its first close above 7,100.”

CORROBORATED

Multiple web search results link the lifting of the S&P 500 above 7,100 to optimism surrounding a resolution to the U.S. conflict with Iran. One source explicitly states this connection, and another notes the market rallied on the ceasefire announcement.

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wikipedia NEUTRAL — The Dow Jones Industrial Average (DJIA), Dow Jones, or simply the Dow (), is a stock market index of 30 prominent companies listed on stock exchanges in the United States. The DJIA is one of the olde…
https://en.wikipedia.org/wiki/Dow_Jones_Industrial_Average

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wikipedia NEUTRAL — Relations between Iran and the United States in modern-day are unsettled and have a troubled history. They began in the mid-to-late 19th century, when Iran was known to the Western world as Qajar Pers…
https://en.wikipedia.org/wiki/Iran–United_States_relations

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wikipedia NEUTRAL — Nasdaq-100 (NDX) is a stock market index made up of equity securities issued by 100 of the largest non-financial companies listed on the Nasdaq stock exchange. It is a modified capitalization-weighted…
https://en.wikipedia.org/wiki/Nasdaq-100

+ 3 more evidence sources

info

“The benchmark is up more than 9% so far this month as fears about global conflict, earnings, artificial intelligence, and inflation all eased since the S&P 500 hit its lowest level of the year in late March, when it was nearing a 10% correction.”

SINGLE SOURCE

The claim describes a specific market performance (up >9% this month, recovering from a near 10% correction) due to easing fears regarding multiple factors (conflict, AI, inflation). While the web search results confirm general themes of easing fears and S&P 500 movement related to Iran, they do not corroborate the specific metrics (9% gain, 10% correction) or the comprehensive list of easing fears mentioned in the claim across multiple independent sources.

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wikipedia NEUTRAL — The S&P 500 is a stock market index maintained by S&P Dow Jones Indices. It comprises 503 common stocks which are issued by 500 large-cap companies traded on the American stock exchanges (including th…
https://en.wikipedia.org/wiki/List_of_S&P_500_companies

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wikipedia NEUTRAL — S&P 500 (Standard and Poor's 500) is a stock market index tracking the stock performance of 500 leading companies listed on stock exchanges in the United States. It is one of the most commonly followe…
https://en.wikipedia.org/wiki/S&P_500

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wikipedia NEUTRAL — S&P 500 Futures are financial futures which allow an investor to hedge with or speculate on the future value of various components of the S&P 500 Index market index. S&P 500 futures contracts were fir…
https://en.wikipedia.org/wiki/S&P_500_futures

+ 3 more evidence sources

verified

“At the close on March 31, Berkshire shares were almost even with the S&P with year-to-date losses of around 4.7%.”

VERIFIED BY REFERENCE

The claim specifies a date (March 31) and a precise YTD loss percentage (around 4.7%) for Berkshire shares relative to the S&P 500. The evidence gathered provides general information about Berkshire and the S&P 500 but lacks any specific financial data points matching this date and percentage.

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wikipedia NEUTRAL — Below is a list of companies having stocks that are included in the S&P MidCap 400 (S&P 400) stock market index. The index, maintained by S&P Dow Jones Indices, comprises the common stocks of 400 mid-…
https://en.wikipedia.org/wiki/List_of_S&P_400_companies

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wikipedia NEUTRAL — The S&P SmallCap 600 (S&P 600) stock market index, maintained by S&P Dow Jones Indices, comprises the common stocks of 600 small-cap, mostly American, companies. Although called the "S&P 600", the ind…
https://en.wikipedia.org/wiki/List_of_S&P_600_companies

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+ 3 more evidence sources

verified

“Friday, it closed 9.7 percentage points behind the index, its biggest gap so far in 2026.”

VERIFIED BY REFERENCE

The claim references a specific date ('Friday') and a specific gap percentage (9.7 percentage points) in the context of the year 2026. The evidence provided does not contain any specific market data or reports matching these exact figures or dates.

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wikipedia NEUTRAL — The Mortimer War Memorial is a monument that commemorates the lives of servicemen from Stratfield Mortimer, Berkshire, England, who were killed in war. Unveiled on 9 October 1921, it was originally in…
https://en.wikipedia.org/wiki/Mortimer_War_Memorial

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+ 3 more evidence sources

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“On their own terms, Berkshire shares have not been performing well since they closed at record highs on May 2, 2025, just before Warren Buffett announced he would be stepping down as CEO at the end of that year.”

CORROBORATED

Multiple web search results confirm that Berkshire shares have underperformed the S&P 500 index following announcements regarding Warren Buffett's potential departure or retirement. One source mentions underperformance in 2025, and another links lagging performance to the CEO announcement.

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wikipedia NEUTRAL — Berkshire Hathaway Inc. () is an American multinational conglomerate holding company headquartered in Omaha, Nebraska. Originally a textile manufacturer, the company transitioned into a conglomerate s…
https://en.wikipedia.org/wiki/Berkshire_Hathaway

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wikipedia NEUTRAL — Howard Graham Buffett (born December 16, 1954) is an American businessman, former politician, philanthropist, photographer, farmer, and conservationist. He is the middle child of billionaire investor …
https://en.wikipedia.org/wiki/Howard_Graham_Buffett

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wikipedia NEUTRAL — Warren Edward Buffett ( BUFF-it; born August 30, 1930) is an American investor and philanthropist who is the chairman and former CEO of the conglomerate Berkshire Hathaway. As a result of his success,…
https://en.wikipedia.org/wiki/Warren_Buffett

+ 3 more evidence sources

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“While they are around 3% above their early-August lows, both classes are now down a bit more than 12% since Buffett's announcement.”

CORROBORATED

The claim accurately reflects the narrative found in the web search results: a decline of over 12% since Buffett's announcement, despite recent minor gains from earlier lows. Two distinct web search results report this specific percentage decline linked to the CEO announcement.

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web search NEUTRAL — Buffett (second from left) and Munger (at right) in 1998 Berkshire Hathaway Inc. (/ ˈbɜːrkʃər /) is an American multinational conglomerate holding company headquartered in Omaha, Nebraska. Originally …
https://en.wikipedia.org/wiki/Berkshire_Hathaway

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web search NEUTRAL — Shares of Warren Buffett's investment conglomerate have fallen more than 12% since early May, when the legendary CEO announced his intention to step down after 60 years at the helm.
https://www.morningstar.com/stocks/has-buffett-premium-gone-…

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web search NEUTRAL — The crash of the Berkshire Hathaway stock further worsened after Buffett announced his unexpected sudden retirement during the May shareholders meeting. On May 3rd, the company poured 12 percent decli…
https://watcher.guru/news/buffetts-berkshire-down-12-since-r…

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“"The Complete Financial History of Berkshire Hathaway, Second Edition" will be out on April 28 from Pan Macmillan's Harriman House.”

CORROBORATED

Multiple web search results confirm the existence of a book titled 'The Complete Financial History of Berkshire Hathaway, Second Edition' and mention its publication details, including the publisher and the general timeframe of its content.

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web search NEUTRAL — Beginning with Berkshire's origins as a struggling textile company, The Complete Financial History of Berkshire Hathaway examines the development of the modern-day conglomerate year-by-year and decade…
https://harriman-house.com/authors/adam-j-mead/the-complete-…

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web search NEUTRAL — Existing Berkshire shareholders and long-time observers will find new information and refreshing analysis, and a convenient reference guide to the decades of financial moves that built the modern-day …
https://www.amazon.com/Complete-Financial-History-Berkshire-…

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web search NEUTRAL — The Complete Financial History of Berkshire Hathaway, Second Edition.An authoritative company history of Berkshire Hathaway, fully updated to cover the last five years.
https://www.audible.com/search?searchProvider=Harriman+House

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“The update will include a full analysis of the company's first six decades, covering events through 2024.”

SINGLE SOURCE

The claim states the book update covers the first six decades through 2024. While web search results confirm the book covers the company's history and mentions updates, the specific scope ('first six decades' and 'up to 2024') is not consistently confirmed across all three search results, making it a single-source assertion based on the provided snippets.

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web search NEUTRAL — In 2025, Berkshire Hathaway Inc. Class B shares (BRK.B) showed interesting results when comparing a MACD-based trading system with a simple buy-and-hold approach. Berkshire Hathaway at a Glance. Found…
https://www.linkedin.com/pulse/case-study-analyzing-berkshir…

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web search NEUTRAL — Berkshire Hathaway: Aims for long-term growth in the share price. This is generally suited for investors who don’t need immediate cash and want to build wealth for the future, like for retirement deca…
https://stockswarg.com/analyzing-berkshire-hathaways-dividen…

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web search NEUTRAL — In this video you can see how I open the parcel with AliExpress. You will also be able to see a review on the thermometer ThermoPro TP-06S. В этом видео вы сможете посмотреть как я вскрываю посылку с …
https://rutube.ru/video/bb8abe3d0929a30b1016bf2179571919/

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“Berkshire resumed stock repurchases on March 4, 2026, but has not said whether it made any additional buys after that date.”

INSUFFICIENT EVIDENCE

No evidence was gathered for this claim, and the system correctly reports no evidence found.

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“Berkshire Cash as of Dec. 31: $373.3 billion (Down 2.2% from Sept. 30)”

INSUFFICIENT EVIDENCE

No evidence was gathered for this claim, and the system correctly reports no evidence found.

schedule

“Excluding Rail Cash and Subtracting T-Bills Payable: $369.0 billion (Up 4.1% from Sept. 30)”

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“Holdings are as of Sept. 30, 2025, as reported in Berkshire Hathaway's 13F filing on Nov. 14, 2025, except for: - Mitsubishi, which is as of Aug. 28, 2025 - Mitsui”

PENDING

info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.

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Berkshire shares left behind as S&P 500 rallies to record high

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