The Largest Holding in Warren Buffett's Secret Portfolio Has Been a Guaranteed Moneymaker for Long-Term Investors

Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has a way of commanding the attention of a room. Since the Oracle of Omaha began running Berkshire Hathaway's annual shareholder meetings in 1973, attendance has grown from a couple dozen people to more than 30,000 investors and shareholders annually in Omaha, Nebraska.

The reason? Buffett has an uncanny ability to outperform Wall Street. Since becoming CEO in the mid-1960s, Buffett has overseen a greater than 4,100,000% rise in Berkshire Hathaway's Class A shares (BRK.A), as of the closing bell on June 7, 2023. Through the end of 2022, Berkshire stock had outpaced the total return, including dividends, of the benchmark S 500 (SNPINDEX: ^GSPC) by a factor of 153.

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

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Source Fool.com