Over the course of an investing career that has spanned more than half a century, Warren Buffett has obliterated the S&P 500 and the Dow Jones Industrial Average (^DJI -1.01%). Since 1964, the per-share book value of his conglomerate, Berkshire Hathaway (BRK.B -1.18%) has risen by a factor of nearly 7,000 for an annualized return of nearly 20%.
The following presentation asks -- and answers -- seven questions that probe various aspects of that exceptional result. You'll also learn why Berkshire Hathaway isn't worth twice its current market value and why Bank of America (BAC -2.81%) has become Berkshire's fifth largest stock holding, even though the common shares don't show up on its balance sheet.
