Warren Buffett steered the Berkshire Hathaway investment company to market-beating returns since 1965. In fact, $1,000 invested in Berkshire stock when Buffett took over would be worth $37.8 million today. The same investment in the S 500 index would be worth just $247,080.

Buffett has a very public friendship with Bill Gates, the billionaire co-founder of Microsoft (NASDAQ: MSFT), which is now the world's second-largest company. Microsoft operates several businesses in software, hardware, gaming, cloud computing, and now, artificial intelligence (AI).

Since Microsoft came public in 1986, its stock gained a whopping 494,454%, and it continues to outperform the broader market even in 2023, despite the company's enormous size. This year, Wall Street has lumped the stock into a group called the "Magnificent Seven," which features some of the market's best-performing tech giants. It includes:

Continue reading

Source Fool.com