Here's What $1,000 Invested in Berkshire Hathaway the Day Greg Abel Became CEO Is Worth Now
During the new CEO's tenure, the stock is off to a slow start.
Overview
I've been a fan of Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) for a long time, and Berkshire's been a great investment for years. The conglomerate built by Warren Buffett posted an average compounded annual return of 19.7% from 1965 to 2025 -- a huge premium compared to the S&P 500's gain of 10.5%.
Overall, Berkshire's gain of 6,099,294% under Buffett's stewardship was light-years better than the broader index's 46,061% gain in the same period. Buffett truly is a hard act to follow after his retirement as CEO at the end of 2025.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.