Warren Buffett's Farewell: What Investors Can Learn From His Biggest Mistake
Peter Lynch would probably agree.
Overview
Warren Buffett stepped down as chairman of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) last week, taking another step toward retirement from the conglomerate he steered for more than six decades.
Buffett will go down as the greatest investor in history, and that title is well-deserved. Under his stewardship, Berkshire Hathaway nearly doubled the annual return of the S&P 500, a track record that no one comes close to matching for as long a period of time.
Details
Buffett also did so in public with a company anyone could invest in, and set a model for investor dialogue with his annual shareholder meeting that he dubbed "Woodstock for capitalists."
Source
Originally published at www.fool.com.
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