Warren Buffett Has Gained More Than 1,000% in These 6 Stocks
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has developed quite the following on Wall Street. That's because his company has averaged... averaged... an annual return of 20% since the mid-1960s. In aggregate, we're talking about a return of more than 2,800,000% through the end of 2020.
While there are a lot of reasons Buffett has been such a successful investor, his ability to spot businesses with clear-cut competitive advantages and his willingness to hold onto these stakes for very long periods of time have led to massive returns. Not taking into account dividend payments, the Oracle of Omaha is sitting on unrealized gains in the following six stocks of at least 1,000%!
It's easy for Berkshire Hathaway CEO Warren Buffett to be all smiles with gains like these. Image source: The Motley Fool.
Source Fool.com
