The Under-the-Radar Stock Warren Buffett Has Invested $61 Billion Into in Less Than 4 Years
When Warren Buffett, the CEO of conglomerate Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), buys or sells a stock, Wall Street and investors tend to pay close attention. That's because Buffett has had a knack for running circles around the broader market since he became CEO back in 1965.
Since taking the reins, Buffett has created close to $670 billion in value for his shareholders (which includes himself), and he's led his company's Class A shares (BRK.A) to an almost unfathomable 20.1% average annual return. Over 57 years, a 20.1% average annual return works out to a gain of 3,641,613%!
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Source Fool.com