Warren Buffett Has Bought Shares of This Stock for 21 Consecutive Quarters -- and It's Not Apple
If you've ever wondered why 40,000 investors flock to Omaha, Nebraska, to hear Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) Chief Executive Officer Warren Buffett speak each year during his company's annual shareholder meeting, just take a closer look at his investment track record. Since taking the reins in the mid-1960s, Berkshire's Class A shares have delivered a jaw-dropping annualized return of 19.8% (as of Dec. 31), which is double the annualized total return, including dividends, of the benchmark S 500 (9.9%) over the same time.
In addition to running circles around the major stock indexes, Buffett is admired for his willingness to share his investment philosophy. The Oracle of Omaha typically seeks out brand-name businesses with long track records of success that have trusted management teams.
But a big reason Warren Buffett and his investment team have been so successful is their concentration of Berkshire Hathaway's nearly $350 billion portfolio.
Source Fool.com
Berkshire Hathaway Inc. A Stock
Currently there is a rather positive sentiment for Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
At the moment Berkshire Hathaway Inc. A has reached the predicted target price of 650000 €, with a current price of 645000.0 €.
