Does Warren Buffett Have a Favorite Stock?
Warren Buffett has expressed a positive view toward dozens of stocks during his 60-year tenure as CEO of the Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) holding company. It's hard to say with certainty whether he has a favorite, but if we simply follow the money, he has plowed twice as much into Berkshire Hathaway stock itself through buybacks than he has invested in any other company.When you look at Berkshire's performance, it's no surprise Buffett likes it so much. Its stock has delivered a compound annual return of 19.9% since he became CEO in 1965, crushing the S&P 500 (SNPINDEX: ^GSPC) which grew by just 10.4% annually over the same period. In dollar terms, $1,000 invested in Berkshire stock in 1965 would have been worth a whopping $44.7 million at the end of 2024, whereas the same investment in the S&P 500 would have grown to just $342,906 over the same period.Continue reading
Warren Buffett has expressed a positive view toward dozens of stocks during his 60-year tenure as CEO of the Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) holding company. It's hard to say with certainty whether he has a favorite, but if we simply follow the money, he has plowed twice as much into Berkshire Hathaway stock itself through buybacks than he has invested in any other company.
When you look at Berkshire's performance, it's no surprise Buffett likes it so much. Its stock has delivered a compound annual return of 19.9% since he became CEO in 1965, crushing the S&P 500 (SNPINDEX: ^GSPC) which grew by just 10.4% annually over the same period.
In dollar terms, $1,000 invested in Berkshire stock in 1965 would have been worth a whopping $44.7 million at the end of 2024, whereas the same investment in the S&P 500 would have grown to just $342,906 over the same period.
