Warren Buffett's Record: $1,000 Became About $61 Million. Can Greg Abel Keep Compounding It?
Repeating generational returns is a tough ask for any company.
Overview
On Sept. 18, Warren Buffett announced he would step down as chairman of Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB), nine months after stepping down as CEO. Calling Buffett's tenure at Berkshire amazing would be an understatement.
From 1965 through the end of 2025, Berkshire's stock is up 6,099,294%, meaning a $1,000 investment then would've been worth $61 million at the end of last year. Talk about a return on investment.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.