Warren Buffett’s best and worst investments in his 60 years as Berkshire Hathaway CEO

Billionaire investor Warren Buffett said on Saturday that he wanted to step as a CEO of Hathaway at the end of the year. The revelation came as a surprise because the 94 -year -old has previously said he was not planning to retire.

Pavite, one of the richest people in the world and the most accomplished investor, took Hathaway in 1965 when it was a textile manufacturer. He turned the company into a bloc by finding companies and other shares to buy that was selling for less than its value.

His success made him the Wall Street symbol. He also earned him the title “Oracle of omaha”, referring to the city of Nebraska, where Buffett was born and chose to live and work.

Here are some of the best and worst investments over the years:

Best Pavite

National compensation and National Fire & Marine: It was purchased in 1967, and the company was one of the first insurance investments in Buffett. Insurance float – Excellent fund insurance companies can invest between the time when policies are purchased and when the claims are submitted – provided that the capital is for many Berkshire investments over the years and helped fuel the company’s growth. The Berkshire insurance department has grown to include Geico, General Reinspende and many other insurance companies. The total float of $ 173 billion at the end of the first quarter.

Buying blocks of stocks in American Express and Coca-Cola Co. And Bank of America sometimes when companies were not in their favor due to scandals or market conditions. Collectively, the shares value is more than $ 100 billion, which Pavite paid for them, and this does not count all the profits that he collected over the years.

-App The value of his investments grew to more than 174 billion dollars before Buffett started selling the shares of Hathaway.

– Byd: Based on the advice of his late investor partner, Charlie Monage, Pavite Beige Beige, on the genius of the founder of BYD Wang Shangfo in 2008 with an investment of $ 232 million in the Chinese car maker. The value of that share increased to more than 9 billion dollars before Bavite started selling it. The remaining Berkshire share is still worth about $ 1.8 billion.

– See’s Candy: Buffett has repeatedly indicated the purchase of 1972 as a shift in his career. Puffett said Monger convinced him that it makes sense to buy great companies at good prices as long as they had competitive advantages. Previously, Pavite had invested primarily in companies of any quality as long as it was selling for less than what he believed was worth. Berkshire paid $ 25 million to see’s and recorded Pretax’s $ 1.65 billion profits from Candy until 2011. The amount continued to grow, but Buffett did not highlight it routinely.

– Berkshire Hathaway Energy: Facilities provide a large and fixed flow of profits for Berkshire. The group paid $ 2.1 billion, or about 35.05 dollars per share, for Midameric Energy, based in 2000. The facility unit was later renamed and made many acquisitions, including Pacificor and NV Energy. The facilities added more than $ 3.7 billion to Berkshire’s profit in 2024, although Pavite said they are now less than it was due to the responsibility they face regarding forest fires.

The worst Pavite

– Berkshire Hathaway: Pavit said that his investments in the textile mills in Berkchire Hathaway may have been his worst investment ever. The textile company that took office in 1965 BLED Money for many years before Buffett finally closed it in 1985, although Berkshire has provided money for some early acquisitions of Bavate. Of course, Berkshire Shares Buffett started buying for $ 7 and $ 8 per share in 1962, now worth $ 809,350 per share, so even the worst investment in Buffett has come out.

Dexter Shoe. Buffett says it mainly gave 1.6 % of Berkshire to an value company.

– lost opportunities. Buffett said that some of his worst mistakes over the years were the investments and deals he did not commit. Berkshire could have easily made billions of dollars if Pavite was comfortable to invest in Amazon, Google or Microsoft early. But not only the technology companies that missed. Pavite told shareholders that he was arrested “absorbed his thumb” when he failed to follow a plan to buy 100 million Wall Mart, which is worth about $ 10 billion today.

Selling banks very soon. It was not long before the Covid, Buffett seemed to be sour on most of his banking shares. The repeated scandals that included Wells Fargo gave him a reason to start emptying 500 million shares, many of which for about $ 30 per share. But he also sold his share JP Morgan at prices below $ 100. Both arrows have multiplied more than weakness since then.

– Stamps Blue Chip: Buffett and Munger, former Vice Chairman of Berkshire, took control of Blue Chip in 1970 when the customer reward program generated $ 126 million sales. But with the decrease in trading stamps with retailers and consumers, sales decreased steadily; In 2006, their total was just $ 25,920. However, Buffett and Munger used the boom created in the blue chip to gain SECO Financial and Precision Castparts, all of which are fixed contributors to Berkshire.

This story was originally shown on Fortune.com

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2025-05-03 22:36:00