By and Warren Buffett’s returns are off the charts. Between 1965—when Buffett took over—and the...
Original sourceBerkshire's shares rose over 5.5 million% since 1965 under Buffett. Stock fell 5% since Buffett announced his resignation at year's end. Buffett prefers to hold $333 billion cash rather than investing. Berkshire's annualized returns are double that of the S&P 500. The company has been successful in several sectors, notably insurance and energy.
Berkshire Hathaway's historical performance and stability suggest resilience despite leadership changes.
The firm's substantial cash reserves position it well for future investments and opportunities.
The impending leadership change could influence investor sentiment, but strong fundamentals remain.