Prediction: Warren Buffett's Stock-Selling Streak Will Extend to 9 Quarters
The Oracle of Omaha's short-term actions don't always align with his long-term approach.
Few investors garner as much attention on Wall Street as Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) billionaire CEO, Warren Buffett. The reason is simple: he outperforms. In his roughly 60 years as CEO of Berkshire, he's overseen a 5,728,235% cumulative return in his company's Class A shares (BRK.A), as of the closing bell on Feb. 7. For the sake of comparison, the benchmark S&P 500 (SNPINDEX: ^GSPC) has returned 39,447%, including dividends, over the same timeline.
In addition to running circles around Wall Street's most widely followed stock index, the Oracle of Omaha is an open book. He regularly shares what he's learned as an investor and what traits he looks for in current/future investments during Berkshire's annual meeting and in his yearly letter to shareholders.
Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.
