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The Only Bank Stock I'm Buying Is the 1 Warren Buffett Is Actively Selling

TheMotleyFool

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The Only Bank Stock I'm Buying Is the 1 Warren Buffett Is Actively Selling: https://g.foolcdn.com/editorial/images/725347/warren-buffett-motley-fool6-brka-brkb-berkshire.jpg

Since becoming CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) in 1965, Warren Buffett has put on a master class for Wall Street. Over that time, Berkshire's Class A shares (BRK.A) have doubled the annualized total return of the broad-based S&P 500 (19.8% vs. 9.9%). Berkshire Hathaway's stock could nosedive 99% tomorrow and would still be easily outpacing the S&P 500 over a nearly six-decade stretch.

Time is a key reason Buffett has been so successful. By investing in profitable, dividend-paying companies and allowing time to be his ally, Buffett's company has been able to outperform.

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

Source Fool.com

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