Unique Nuggets from Warren Buffett’s 2020 Letter
Berkshire Hathaway has been an overwhelmingly successful company and its CEO, Warren Buffett, is arguably one of the greatest investors of all time.
In the more than five decades that Warren Buffett has controlled the company (since 1965), Berkshire has grown at an average rate of 20.3% annually. During this same time, the S&P 500 has averaged 10.0% each year. The 89-year old Buffett doesn’t just beat the market – he smashes it.
So, what are some of Buffett’s strategies for growing this wildly successful company? Surprisingly simple.