If You Invested $100 in Berkshire Hathaway in 1965, This Is How Much You Would Have Today
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) has gained quite a reputation since legendary investor Warren Buffett took over the company in 1965. Since that takeover nearly six decades ago, Berkshire grew to become one of the largest companies in the world, earning Buffett that reputation as one of the greatest investors ever. Berkshire's stock emphatically beat the S&P 500, a broader benchmark for the market, in this time frame as well and generated some incredible returns for investors.
Let's go back to the beginning and look at how much an investor who purchased $100 of Berkshire's stock in 1965 would have now if they held on to the shares.
In 1962, a much younger Warren Buffett took interest in Berkshire Hathaway, which at the time was a textile manufacturer that had been struggling along with the U.S. textile industry. Buffett and his firm began buying shares in 1962, and three years later Buffett owned the company.
Source Fool.com
