Warren Buffett's 4 Most Surprising Q2 Moves
For more than five decades, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has shown Wall Street how easy it is to make money. After beginning with $10,000 in seed capital in the 1950s, Buffett has grown his net worth to $79 billion, as of this past weekend. He's also created more than $400 billion in value for Berkshire Hathaway's shareholders since 1965.
The predominant keys to Buffett's success have been his knack for buying businesses with sustainable competitive advantages and staying invested in those companies for very long periods of time. For instance, Berkshire's top-10 holdings by market value have been held for average of more than eight years.
Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.
Source Fool.com
