Warren Buffett Owns 1 Vanguard Index Fund That Could Soar 147%, According to a Top Wall Street Analyst
Warren Buffett is the CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), where he oversees a $299 billion portfolio of publicly traded stocks and securities. The investment conglomerate also wholly owns several private businesses, and it has a $325 billion cash pile, which Buffett and his team can put to work when they spot new opportunities.
Since Buffett became CEO in 1965, his investment decisions have contributed to a compound annual return of 19.8% in Berkshire stock. The S 500 (SNPINDEX: ^GSPC) delivered an average annual return of 10.3% over the same period, so Berkshire is crushing the broader market.
Buffett is a full-time investing professional. He knows average retail investors would struggle to replicate his success, so he often recommends they buy exchange-traded funds (ETFs) instead. Berkshire actually holds two of them in its portfolio: The Vanguard S 500 ETF (NYSEMKT: VOO) and the SPDR S 500 Investment Trust.
Source Fool.com
Berkshire Hathaway Inc. A Stock
Currently there is a rather positive sentiment for Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
However, we have a potential of -5.11% for Berkshire Hathaway Inc. A as the target price of 650000 € is below the current price of 685000.0 €.
