Warren Buffett Has Always Said This 1 Thing About Long-Term Investing. History Has Never Once Proved Him Wrong.
Buffett is widely considered the greatest investor of all time.
Overview
The large conglomerate Berkshire Hathaway (NYSE: BRKA)(NYSE: BRKB) is widely considered to have one of the greatest stocks of all time, and it's got the numbers to back it up.
Between 1965 and 2025, the stock generated compound annual gains of 19.7% and a total gain of an astonishing 6,099,294%. Despite being quite successful in its own right, the broader benchmark S&P 500 has generated compound annual gains of 10.5% in the same time frame for a total gain of 46,061%.
Details
Berkshire's success can be attributed to its longtime CEO, Warren Buffett, who only stepped down from the role at the end of last year. Buffett has always said this one thing about long-term investing, and history has never once proved him wrong.
Source
Originally published at www.fool.com.