Meet the Warren Buffett Investment That's Gained 5,502,284% and Looks Set to Soar Even Higher
Warren Buffett has had a lot of successful investments, but one in particular has crushed the stock market time and again.
During the past six decades, Warren Buffett transformed Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) into one of the premier investment vehicles in modern history.
Between 1965 and 2024, Berkshire had compound annual gains of 19.9%. That was nearly double the annualized total returns of the S&P 500. But thanks to the power of compound growth, the real performance gap was vastly larger. Berkshire has gained a total of 5,502,284% during the past 60 years -- absolutely trouncing the 39,054% of the S&P 500. Or, to make it simpler, for every dollar someone invested in Berkshire back then, they would have more than $55,000 today, while $1 put in the index would have grown into just $390 or so.
Although no investment can go up in value forever, I still think Berkshire Hathaway is positioned to continue thriving for the long run, thanks to the philosophies and strategies that made it such a huge success story in the first place. Here's why its shares look like a great buy to me right now.
