Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Here's How Much $10,000 Invested in Berkshire Hathaway Stock in 1964 Is Worth Now

TheMotleyFool

0 0

Here's How Much $10,000 Invested in Berkshire Hathaway Stock in 1964 Is Worth Now

Since Warren Buffett took the helm of a struggling textile company called Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) in 1964, the company's stock price has grown at an annualized rate of 20.8%. That's more than double the S&P 500's average total return of 9.7% during the same time period, but you might be surprised at just how much compounding power a 20.8% rate of return can have over more than half a century.

Let's say that you (or your parents or grandparents) had the foresight to invest $10,000 in Berkshire Hathaway when Warren Buffett first took over. Here's how much you'd have now, and what to expect from Berkshire over the next 53 years.

Image source: Getty Images.

Source: Fool.com

Like: 0

BRK-A

Share