If You Invested $2,000 in Berkshire Hathaway in 2017, This Is How Much You Would Have Today
Since Warren Buffett took over the company in 1965, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) has made shareholders a lot of money. Between 1965 and 2022, the large conglomerate generated compounded annual gains of 19.8%, which compares nicely to the broader benchmark S 500's 9.9% average gain.
Zooming in, Berkshire has also made many moves in recent years and has seen its stock hit all-time highs. If you invested $2,000 in 2017, here's how much you'd have today.
One of Berkshire's big moves over the last six years was continuing to build its stake in the consumer tech giant Apple (NASDAQ: AAPL), which Buffett first purchased in 2016. He has previously talked about how he first got interested in Apple after noticing how distraught his friend was when he couldn't find his iPhone.
Source Fool.com
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