KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.
Despite Warren Buffett’s legendary track record, Berkshire Hathaway may struggle to consistently beat the market in the coming years . The company’s sheer size limits its ability to invest in smaller, undervalued companies , making it more aligned with the broader market's performance. In 2024 , Berkshire Hathaway barely outperformed the S&P 500 , returning 25.5% vs. 25.0% . Over the past 10 to 30 years , its performance has remained close to the market average. Statistically, it would take over 100 years of continued outperformance to prove that Berkshire’s success isn’t due to luck . A key focus in its upcoming annual report is its cash reserves, which stood at $325 billion in September 2024 . If this number increases, it could signal Buffett’s cautious stance on the market . However, even with his exceptional record, beating the market gets harder as Berkshire continues to grow . Key Takeaways: Berkshire Hathaway’s massi...