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Tiger's flagship fund had reported a compound annual return of 21% after 20 years' operation in 2021, the letter said.

One hundred and fifty years later, the trust is still going strong, having delivered a compound annual return of 8.1%.

The money stat: "From 1928 through 2014, U.S. small-cap value stocks turned in a compound annual return of 13.6 percent."

And for his investors his career has of course been a triumph, with Berkshire achieving a compound annual return of 21% since 1965, double that of the S&P 500.

That’s a compound annual return of 8.72 percent.