The Warren Buffett stock name of Berkshire Hathaway is the symbol “BRK.A”. Currently, the stock is trading at $291,000, which is over 2 million percent gain since the company’s incorporation and takeover in 1965. investors of Berkshire Hathaway have seen returns that have compounded beautifully, as Albert Einstein has famously noted that compound interest is the “eighth wonder of the world.” This most certainly holds true with Berkshire Hathaway and their stock.
Last year in 2017, Berkshire Hathaway stock grew 23%, which is 4% more than the year-over-year average of 19% since 1965. Some of the stocks which Berkshire Hathaway invested in 2017 include Coca-Cola, the American Express company, Wells Fargo, Goldman Sachs, BYD, Apple, US Bancorp, Delta Airlines, and Southwest Airlines.
The method of investment which produced the results in 2017 was by investing in what he was familiar with, and waiting for the right opportunity to jump in and buy stocks when they are on sale. One great example of this was a horrible tragedy for many Americans in 2007 during the financial collapse, which was due to the housing sector having overvalued mortgages. Mortgages which were rated AAA and AA were in fact truly C grade and below. This dissonance caused the marks to tumble, but it also caused an opportunity for Warren Buffett and Berkshire Hathaway to buy many stocks at a low price and return them for larger gains; Essentially it is the same thing as buying a t-shirt on sale and then going ahead and selling it on eBay or Amazon for a higher price for a profit.