Warren Buffett Has Only Recommended 1 Investment in Over 60 Years, and It's Never Lost Money (but There's a Catch)
The Oracle of Omaha’s lone investment recommendation is ideal for long-term investors.
Overview
This has been a year of significant change for the trillion-dollar company that Warren Buffett helped build. The Oracle of Omaha, who oversaw a greater-than-6,000,000% outperformance of the benchmark S&P 500 (SNPINDEX:^GSPC) while at Berkshire Hathaway (NYSE:BRKA)(NYSE:BRKB), retired as the company's CEO on Dec. 31. He also stepped down as chairman of the board in mid-September.
In his more than 60 years at Berkshire Hathaway, Buffett doled out no shortage of investing wisdom. Books have been compiled containing his quotes and unwritten investing rules.
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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.