Is Berkshire Hathaway Stock a Buy?
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) has been a tremendous stock for long-term investors. If someone were lucky enough to buy shares in the company when Buffett took over as CEO in 1965, their investment would've increased 24,000 times over. In other words, a $100 investment would have turned into $2.4 million.
The conglomerate's 19.8% annualized returns over that time are unmatched, but it hasn't crushed the market to the same extent in recent decades. Is it a buy? Let's dive into the business to determine if Berkshire Hathaway is right for your portfolio.
Image source: The Motley Fool.
Source Fool.com