If You Invested $10,000 in This Warren Buffett Stock 10 Years Ago, Here's How Much You Would Have Today
Warren Buffett's legendary and storied investment career has yielded investors in his company, Berkshire Hathaway, breathtaking returns. Since Mr. Buffett took the helm of Berkshire in 1965, the stock has produced a 20.1% annual compounded return for its shareholders through the end of 2021. Meanwhile, the S&P 500 generated annual compounded returns of 10.5%, including dividends, over the same time frame.
Warren Buffett's 56-year track record is enough to draw the attention of the investing universe. If a long-term buy-and-hold investor (like Buffett, Berkshire's largest shareholder) plunked down $10,000 for Berkshire shares when Buffett took over and had the patience never to sell a single share, they would have had over $284 billion at the end of 2021. With stats like that, it's understandable why investors might be wise to consider Buffett's every buy and sell.
If you had been watching Buffett 10 years ago, you might have stumbled across one of Buffett's lesser-known holdings that has crushed the market since he bought it. The stock has a few of Buffett's favorite hallmarks.
Source Fool.com
