Better Performance Than Warren Buffett. For Ten Years.

Over the course of the last ten years (through August 31, 2009) the S&P 500 has declined 6.6% — and that's after adding in the dividends paid on the stocks in the index.

• In those same ten years Warren Buffett’s Berkshire Hathaway, which pays no dividends, appreciated from $64,200 per share to $100,850, up 57.1%.
   
• Our benchmark account—which receives no special treatment—appreciated twice as much, up 126% from $228, 039 to $514,672.   Our client accounts have Outperformed the market indices Over One Year, Over Ten Years, and Over 3, 5, or 7 years
   
• Our client accounts declined just  2% in 2008, because they held long-term Treasury bonds and recession-resistant stocks such as utilities and pharmaceuticals. In December we added tens of millions of dollars’ worth of corporate bonds—names like AT&T—at a fraction of par value.

For more information please click on the Performance Tab or give us a call at (800) Lumbard, which works out to (800) 586-2273.