In the nearly six decades Warren Buffett has led Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), he's delivered close to a 4,900,000% aggregate return to his company's Class A (BRK.A) shareholders, and practically doubled the annualized total return, including dividends, of the broad-based S 500. With outsized returns of this magnitude, it should come as no surprise that Berkshire's annual shareholder meeting draws around 40,000 investors each year who want to hear the affably dubbed "Oracle of Omaha" speak about investing philosophy and the U.S. economy.

But while Berkshire's annual shareholder meetings are filled with nuggets of investing wisdom from Warren Buffett, they also often contain confessions.

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

Continue reading

Source Fool.com