In 1965, Warren Buffett became CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B). Over the past 58 years, all he's done is double up the annualized total return of the S 500 (19.8% vs. 9.9%, as of Dec. 31, 2022) and oversee an aggregate return in his company's Class A shares (BRK.A) of greater than 4,400,000%, as of the closing bell on Aug. 9, 2023. It's figures like these that encourage close to 40,000 people annually to trek to Omaha, Nebraska, to listen to the Oracle of Omaha offer his sage advice.

Thankfully, Warren Buffett and Berkshire Hathaway are open books. Buffett has been more than willing to share what he looks for in investments. Likewise, investors have access to filings with the Securities and Exchange Commission (SEC) that detail every nook and cranny or what makes Berkshire Hathaway tick.

Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.

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Source Fool.com