The Only Stock Warren Buffett Has Bought in Each of the Last 2 Bear Markets

Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has a track record that speaks for itself. Since taking the reins as CEO of Berkshire in 1965, he's overseen the creation of nearly $630 billion in shareholder value and delivered a jaw-dropping average annual return of 20.1% for the company's Class A shares (BRK.A). To put this return into context, a $1,000 investment in the company's Class A shares 57 years ago would have been worth over $36 million by the end of 2021.

In other words, when Warren Buffett buys or sells shares of company, everyone from Wall Street professionals to everyday investors wisely pays close attention.

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

Continue reading


Source Fool.com