Warren Buffett Just Gave Himself a $565 Million "Raise"

Warren Buffett is arguably the greatest investor alive today. Although Buffett's investing style may not resonate with the get-rich-quick ethos permeating the market in early 2021, few if any investors can match the Oracle of Omaha's long-term track record.

According to the 2020 annual shareholder letter from Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), Buffett led his company to an average annual return of 20.3% over a 55-year stretch. To put this another way, Buffett has created over $400 billion in value for shareholders in over five decades. A $100 investment in Berkshire Hathaway stock on Dec. 31, 1964, would have been worth more than $2.7 million as of Dec. 31, 2019.

Because Buffett has been so successful for such a long period of time, investors closely monitor what he and his team buy and sell in Berkshire Hathaway's investment portfolio. Last week, the investing community got its latest look under the hood courtesy of Form 13F filings with the Securities and Exchange Commission.

Continue reading

Source Fool.com