Kardashian’s portfolio eclipsed major indexes like the S&P 500 (SPY) and the NASDAQ 100 (NDX) in a big way — despite the latter setting new price records in 2020. [Read: 84K Robinhood traders at risk of ‘bagholding’ after Kanye threatens GAP] Even Bitcoin (which would’ve been extremely popular at the time) underwhelms compared to Kardashian’s stocks. BTC has fallen 20% since December 26, 2017, while Kardashian is up 97%.
Kim Kardashian’s stocks, ranked for performance
That isn’t to say Disney and Adidas were bad calls. Both $DIS and $ADDYY are still in the green since 2017’s Christmas, up 11% and 40% respectively.
On the other hand, Buffett’s Berkshire is down 1.91% over the same period. Berkshire’s portfolio mostly consisted of old school bank stocks leading into the coronavirus pandemic, dragging down its returns. [Read: The ‘average’ Robinhood trader is no match for the S&P 500, just like Buffett] But let me reiterate: Kardashian’s portfolio of stocks — while admittedly under-diversified — constantly outperformed Berkshire over the past two and a half years, and recovered far quicker in the wake of global financial meltdown. Queen. [H/T Market Realist]
