The 1 Investment Warren Buffett Wants You to Make
To say that Warren Buffett has been a successful investor over the past six-plus decades wouldn't be doing him justice. Since 1964, Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) stock has risen by an average of 20.3% per year, and 2,744,062% in aggregate, through the end of 2019. On average, Buffett is outperforming the market four out of every five years and has delivered double-digit returns in nearly two-thirds of the past 55 years.
With that being said, it should come as little surprise that Wall Street and investors wait on the edge of their seats for Buffett to speak at his company's annual meeting every year. Even though this meeting had a completely different vibe this year with no in-person attendance (thanks, COVID-19), it didn't dampen investors' quest to learn what the Oracle of Omaha has been up to in recent months, and what he foresees (if anything) happening from the coronavirus pandemic.
Berkshire Hathaway CEO Warren Buffett at his company's annual shareholder meeting. Image source: The Motley Fool.
Source Fool.com