You've probably heard of superinvestor Warren Buffett, but there's a chance that you don't realize that he helms one of America's largest businesses -- Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B).
There are many interesting things about Berkshire Hathaway, and one of them is how rapidly it has grown over the years -- since the 1960s, that is, when Buffett took over. In Buffett's last letter to shareholders, he reported an overall growth from the mid-1960s to 2019 of 2,744,062% -- equal to a compounded annual gain of 20.3%. Compare that with the S&P 500, which averaged a respectable 10% annual growth rate over the same period, for a total of 19,784% growth.
Berkshire has increased in size by buying many growing businesses outright and also investing in the stock of growing businesses. Here's a look at 15 of his holdings. Most will be familiar names to you.
5 Winning Stocks Under $49
We hear it over and over from investors, “I wish I had bought Amazon or Netflix when they were first recommended by the Motley Fool. I’d be sitting on a gold mine!” And it’s true. And while Amazon and Netflix have had a good run, we think these 5 other stocks are screaming buys. And you can buy them now for less than $49 a share! Simply click here to learn how to get your copy of “5 Growth Stocks Under $49” for FREE for a limited time only.
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.