This Stock Has Doubled Since Warren Buffett Started Buying Shares Again. Here's Why He Keeps Buying More.
Warren Buffett is widely considered one of the greatest investors of all time, and he has the track record to back it up.
Since he took control of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) in 1965, it has produced compound annual growth of 19.8%. The S 500, by comparison, has generated an average annualized return of 10.2% over the same period. That's a huge gap that has compounded massively over the decades, and Buffett openly shares how he does it with every quarterly and annual report.
Buffett follows a simple philosophy he attributes to his late Vice Chairman Charlie Munger: He aims to buy wonderful businesses at fair prices. When he can't (or doesn't want to) buy the whole company, he'll buy an equity stake. Berkshire's stock portfolio is currently worth about $377 billion.
Source Fool.com
Berkshire Hathaway Inc. A Stock
Our community is currently high on Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
With a target price of 650000 € there is a slightly positive potential of 7.97% for Berkshire Hathaway Inc. A compared to the current price of 602000.0 €.
