Could Buying Berkshire Hathaway Stock Today Set You Up for Life?

Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) is synonymous with legendary investor Warren Buffett. Buffett, who took over as chief executive officer of the then-struggling textile company in 1965, has delivered investors incredible returns of nearly 20% compounded annually. Put differently, if you'd invested $100 in Berkshire Hathaway back then, that investment would be worth more than $5.5 million today.While it has done well, Berkshire is currently undergoing a transition in leadership. Buffett announced earlier this year that he would step down from the top role at the company at the end of 2025.Berkshire Hathaway remains a highly diversified conglomerate with money-producing businesses spanning multiple industries. The company also boasts a vast cash stockpile that gives its new leadership flexibility for investing in stocks or acquiring companies outright.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool