Have $1,000? 2 Warren Buffett Stocks to Buy Now and Hold Forever.
At Berkshire Hathaway's latest shareholder meeting, CEO Warren Buffett announced that he would be stepping down from his position as the company's leader at the end of this year.To put into perspective the incredible success the company has seen under Buffett's tenure, Berkshire stock was priced at roughly $18 per share when Buffett purchased a controlling stake in the business and became its chief executive in 1965. Today, a single share of Berkshire's Class A stock trades at more than $776,000. Given that Berkshire Hathaway now has a market capitalization of more than $1.1 trillion and ranks as the world's ninth-largest company, it's likely that the investment conglomerate's most explosive days of growth are now behind it. On the other hand, Warren Buffett's company has built an incredible track record through its portfolio of high-quality investments.Continue reading
At Berkshire Hathaway's latest shareholder meeting, CEO Warren Buffett announced that he would be stepping down from his position as the company's leader at the end of this year.
To put into perspective the incredible success the company has seen under Buffett's tenure, Berkshire stock was priced at roughly $18 per share when Buffett purchased a controlling stake in the business and became its chief executive in 1965. Today, a single share of Berkshire's Class A stock trades at more than $776,000.
Given that Berkshire Hathaway now has a market capitalization of more than $1.1 trillion and ranks as the world's ninth-largest company, it's likely that the investment conglomerate's most explosive days of growth are now behind it. On the other hand, Warren Buffett's company has built an incredible track record through its portfolio of high-quality investments.
