Warren Buffett has managed the Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) funding firm since 1965. Over that 59-year stretch, he steered the conglomerate to common annual returns of 19.8%, which is almost twice the typical annual return delivered by the S 500 index over the identical interval.
In greenback phrases, $1,000 invested in Berkshire inventory in 1965 would have grown to $43 million by the top of 2023. The identical funding within the S 500 would have been price a mere $312,230.
Buffett likes to purchase inventory in firms with regular progress, constant profitability, strong administration groups, and shareholder-friendly initiatives like dividend schemes and inventory buyback packages. One factor Buffett would not do is chase the most recent inventory market pattern, so you will not discover him piling into synthetic intelligence (AI) shares simply because they’re producing one of the best returns proper now.
Supply Fool.com