Warren Buffett Bought $9.2 Billion of This Stock Last Year, and He Could Buy Even More in 2024
There are a lot of good reasons to pay attention to every investment decision Warren Buffett makes.
Besides being the chairman and CEO of the eighth largest public company in the world, Buffett has an impressive track record as an investor. Since taking control of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) in 1965, he's grown the value of the business, including its investments, by a compound annual growth rate of 19.8%. That compares with the 10.2% compound total return of the S&P 500 index during that time. Anyone who invested in Berkshire instead of an average S 500 fund would have 140 times the amount of wealth today.
In recent years, Buffett has been hard-pressed to find a great company to buy. As Berkshire Hathaway grows larger, its operations spin off more cash, and Buffett has seen the company's cash pile grow faster than he can find good investments. His largest investment last year totaled $9.2 billion, while the company ended the year with $167.6 billion.
Source Fool.com
Berkshire Hathaway Inc. A Aktie
Die Community bevorzugt leicht Berkshire Hathaway Inc. A mit mehr Buy- als Sell-Einschätzungen.
Ein positives Kurspotenzial für Berkshire Hathaway Inc. A ist gegeben, mit einem Kursziel von 650000 € über dem aktuellen Kurs von 607500.0 €.
