Warren Buffett's Latest $1.1 Billion Buy Brings His Total Investment in This Stock to More Than $72 Billion in 5 Years
In 1973, when conglomerate Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) held its first annual shareholder meeting, a few dozen people attended. Nowadays, you'll find approximately 40,000 shareholders attending Berkshire's annual meetings.
The lure for these investors is the chance to hear the Oracle of Omaha, Warren Buffett, offer his nuggets of wisdom on investing and the U.S. economy. Since becoming CEO of Berkshire in 1965, Buffett has overseen a greater than 4,300,000% aggregate return in his company's Class A shares (BRK.A). This works out to a nearly 20% annualized return spanning six decades, which is why investors are always eager to discover what stocks one of the world's greatest and revered money managers is buying.
Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.
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.
As a result the target price of 650000 € shows a slightly positive potential of 7.44% compared to the current price of 605000.0 € for Berkshire Hathaway Inc. A.
