Summary
- Warren Buffett’s investment in an S&P 500 tracker outperformed many other indexes, including Indian benchmarks.
- Indian stocks have underperformed the U.S. benchmark by over 45% for local investors and 280% in U.S. dollar terms for foreign investors since Buffett’s 2008 bet.
- Indian stock market struggles to match the U.S. S&P 500 performance despite near 8% GDP growth in India.
- Increased volatility, political uncertainty, and deflating bubbles in Indian stocks present opportunities for investors.
