One chart shows how Warren Buffett trounced the S&P 500 over the past 60 years

Warren Buffett as CEO of BRK-A, BRK-B after leading the company to a group of amazing stocks against S&P 500 (^GSPC).

From 1965 to 2024, Berkshire Hathaway Stock returned 5,502,284 %. In that same time period, S&P 500, with profit distributions, provided 39,054 %. Berkshire Hathaway’s annual profit during that period was 19.9 %. The S& P 500 % was 10.4 %.

When searching for the outstanding performance details on Buffett, most Berkshire Hathaway’s profit came in the first twenty years since Buffett took control of the company. Berkshire’s fixed elasticity also highlights compared to the wider market. In 13 times the S&P 500 has closed the decline in the past sixty years, Berkshire has fallen more than the measurement index only twice.

“The long -term trend,” Pavit said at the meeting of the Hathaway annual shareholders on Saturday.

During the meeting, Pavite addressed the increasing pierce of Berkshire Hathaway. At the end of the first quarter, Berkshire raised a cash stack of $ 347.7 billion. Puffett pointed out that his confidence in collecting money and not feeling the need to completely invest at all times is one of the reasons that make him success over a long period.

“We prefer to have conditions that have evolved as we will have, like $ 50 billion or something like this,” he said. “But this is not the way the work works.”

Buffett added that if he simply invests for the purpose of obtaining cash holdings in Berkshire to 50 billion dollars, then this will be the most stupid in the world to invest in this way.

On Saturday, Buffett announced that he intends to step down from his role as CEO of Berkshire Hathaway and his role was transferred to Greg Abel.

“I think the time has reached the place of Greg [Abel] “He should become the company’s CEO at the end of the year,” said Pavite, who was heading his sixtieth annual meeting.

Berkshire Hathaway was unanimously agreed to move on Sunday. ABEL will become the CEO on January 1, 2026, and Buffett will remain the Chairman of the Board of Directors.

Josh Chevir is a Yahoo financing correspondent. Follow it on x _joshschafer.

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