Why I'll Never Own Berkshire Hathaway Stock
Most investors would consider Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) a no-brainer stock to own.
After all, the conglomerate has trounced the market over its history, returning a compound annual gain of 20.3% from 1965 to 2019, more than double the annual return of the S&P 500, at 10% with dividends included.
Based on that math, a dollar invested in Berkshire in 1965 would be worth 140 times more today than a dollar put into the broad market index. In fact, investing just $100 in Berkshire Hathaway in its first year would have made you a millionaire today, as that would now be worth roughly $2.7 million.
Source Fool.com
