In 1973, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) held its first annual meeting in the cafeteria of one of its subsidiaries and drew a few dozen people. Earlier this month, in the neighborhood of 40,000 people made the trek to Omaha, Nebraska, for Berkshire's annual meeting for a chance to listen to billionaire CEO Warren Buffett speak about his company, the U.S. economy, and his investment philosophy.

Since taking the reins at Berkshire Hathaway in the mid-1960s, Buffett has overseen a greater than 5,050,000% return in his company's Class A shares (BRK.A). This absolutely crushes the roughly 34,700% total return, including dividends, for the broad-based S 500 over the same stretch.

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

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Source Fool.com