2 Ways Warren Buffett Made History in Q3
When Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett speaks, Wall Street and investors intently listen. That's because Buffett has a track record few other money managers can hold a candle to.
Over the past 55 years, Berkshire's stock has delivered a compound annual gain of 20.3%, which more than doubles the total return of the S&P 500 on an annualized basis (i.e., including dividends) over the same time frame. Overall, this works out to a gain of 2,744,062% since the beginning of 1965. As CEO, Buffett has also overseen the creation of more than $400 billion in value for his company's shareholders.
Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.
Source Fool.com
