Warren Buffett's Secret Portfolio Just Issued a Big-Time Warning to Wall Street
When it comes to investing, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett is in a class of his own. Though there is no shortage of Wall Street analysts, pundits, and money managers that make their rounds on the major television networks, it's the Oracle of Omaha that's doubled up the average annualized total return of the broad-based S 500 (SNPINDEX: ^GSPC) over a 58-year stretch (19.8% vs. 9.9%).
Warren Buffett's ability to run circles around Wall Street is what helped grow the fanfare associated with Berkshire Hathaway's annual meetings from a couple dozen people in 1973 to more than 30,000 on an annual basis. Investors and Berkshire Hathaway shareholders eagerly await his nuggets of wisdom on the U.S. economy and investing to guide their own strategies.
Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.
Source Fool.com
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