When it comes to making money, few money managers can hold a candle to billionaire Warren Buffett. Since becoming CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) in 1965, he's created almost $590 billion in value for his shareholders and delivered an aggregate return of better than 3,600,000% for his company's Class A shares (BRK.A). That's an average annual return of 20.1%, through Dec. 31, 2021, for those of you keeping score at home.

In other words, riding the Oracle of Omaha's coattails to big gains has been a proven investment strategy for decades.

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

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Source Fool.com