Meet the Stock Buffett Has Spent $7 Billion Buying Over the Past 2 Years

In recent years, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett has taken a lot of flak for his investment style. More specifically, Buffett's unwillingness to chase after innovative tech stocks has left his company to underperform the benchmark S&P 500. Some folks have even implied that the Oracle of Omaha has lost his touch.

But a quick look at Berkshire Hathaway's performance under Buffett shows that his steadfastness in long-term investing is exactly what's made his company so successful. Since 1965, Berkshire Hathaway's per-share market value has risen by 2,744,062%. Put another way, a $100 investment back in 1965 would have been worth more than $2.7 million as of the end of 2019. When coupled with the fact that Buffett is up more than $50 billion on his company's stake in Apple, it's somewhere between premature and wrong to suggest he's lost his touch.

Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.

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Source Fool.com