2 Growth Stocks That Are Beating Warren Buffett This Year
Warren Buffett is widely recognized as one of the world's great investors, and rightly so. Under his leadership, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) rewarded shareholders with a 20% annualized return between 1965 and 2020, doubling the average performance of the broader market. And so far this year, the stock price is up 22%, outpacing its own historical growth.
Because of this steady growth, Berkshire has become too big now to buy stock in relatively small companies and still see a noticeable effect on its own stock price. Even if it bought those companies outright, the added revenue they would provide likely wouldn't be enough to move the earnings needle much for this giant conglomerate. That means there are plenty of worthwhile stocks that are just too small at the moment to attract Buffett and Berkshire's attention.
Here are two great examples.
Source Fool.com
