The Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) shareholder meeting takes place each year during the first weekend in May in Omaha, Neb. The 2010 meeting, held this past weekend, was attended by an estimated 40,000 loyal shareholders, many of which have held shares of Berkshire for decades and have become wealthy due to Warren Buffett’s ability to grow money at one of the most rapid rates in history. Since Berkshire’s start in 1965 and running through 2010, Berkshire has experienced a 20.2% annual growth rate in… Read More
The Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) shareholder meeting takes place each year during the first weekend in May in Omaha, Neb. The 2010 meeting, held this past weekend, was attended by an estimated 40,000 loyal shareholders, many of which have held shares of Berkshire for decades and have become wealthy due to Warren Buffett’s ability to grow money at one of the most rapid rates in history. Since Berkshire’s start in 1965 and running through 2010, Berkshire has experienced a 20.2% annual growth rate in book value. This is more than double the 9.4% annual growth rate in the stock market, as measured by the return of the S&P 500 Index. Over this period, this means that Berkshire has returned 490,409% — while the market is up 6,262%. Both rates of growth have been impressive, but Berkshire’s qualifies as spectacular. #-ad_banner-#Buffett has relayed numerous times that future growth rates at Berkshire will fall below its historical growth trends, but there is still potential for investors to earn above-average returns by investing in the stock. Just… Read More