Connect with us

Business

Warren Buffett Is Throwing Billions at This Stock. Should You Buy, Too? – Motley Fool

The Oracle of Omaha has spent $16 billion on this stock in 2020, with $9 billion of this total investment occurring in the most recent quarter alone.

Published

on

post featured image
ADVERTISEMENT

Berkshire Hathaway (NYSE:BRK-B)(NYSE:BRK-A) chairman and CEO Warren Buffett knows a thing or two about investing, to put it mildly. His investment prowess has helped Berkshire stock grow at an average rate of 20% annually between 1965 and 2019, or a total of 2,744,062%. This obliterated the S&P 500 index’s return over the same time frame. The popular index rose 19,784% (including reinvested dividends) over this period. 
With such a stellar track record, it’s worth checking what the Oracle of Omaha’s…

Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

post featured image
FDA vaccine adviser says approval decision could come within the week | TheHill – The Hill
post featured image
Apple Co-Founder Steve Wozniak’s Cryptocurrency Takes Off – Decrypt
post featured image
Kia recalling 295,000 vehicles due to risk of engine fires – Fox Business