3 Reasons Why Berkshire Hathaway Stock Hit a New All-Time High (And It's Not All Because Of Apple)
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) stock hit a new all-time high on Thursday as investors flocked toward tried-and-true businesses that make money and have resistance to inflation and other market headwinds. Value investing is back in style, and that bodes well for Warren Buffett's investments. But value investing has been largely out of favor for several years.
Before this year, the Nasdaq Composite routinely crushed the S&P 500 and the Dow Jones Industrial Average. And that made Buffett's more traditional investing approach look less attractive than riskier growth-oriented strategies.
Here's why Berkshire Hathaway's business is doing so well and some lessons you can learn from Buffett's success.
Source Fool.com
