Warren Buffett Just Offered 157 Billion Reasons for Investors to Be Cautious
For the better part of six decades, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has been putting on a show for Wall Street. Since taking over in the mid-1960s, the "Oracle of Omaha," as he's now affably known by investors, has overseen a greater than 4,400,000% aggregate return in his company's Class A shares (BRK.A). For those of you without a calculator, were talking about a nearly 20% annualized return spanning six decades.
Though Warren Buffett is far from perfect, his undeniable long-term success often leaves Wall Street and investors on the edge of their proverbial seats waiting for updates on what the Oracle of Omaha (and his investment team) has been buying and selling.
Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.
Source Fool.com
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