This Is the Only Investment Warren Buffett Recommended the Last Time the Stock Market Crashed
Though the Oracle of Omaha doesn't offer stock-specific recommendations, he has one investment in mind that's perfect for everyday investors.
For the better part of 60 years, Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) "Oracle of Omaha" has been living up to his name. Through the closing bell on April 9, Warren Buffett had overseen an aggregate return in his company's Class A shares (BRK.A) of greater than 6,310,000%!
When you practically double up the annualized total return of the benchmark S&P 500 (SNPINDEX: ^GSPC) over six decades, including dividends, you're going to earn quite the following on Wall Street. Investors are constantly looking for signals from the Oracle of Omaha as to which stock(s) they should buy.
Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.
