Buffett sells a lot! suspicious

This could be one of those years when faith in the magic of the world’s most famous investor, Warren Buffett, would be justified again. Since the beginning of this year, the stock price of Berkshire Hathaway, the holding company he leads, has risen 26%. On the other hand, the Standard & Poor’s 500 stock index of large publicly listed companies in the US is up 17.3% so far this year, which, of course, isn’t bad either .

It must be said that Buffett’s legend is reinforced by the amazing long-term returns of Berkshire Hathaway shares. That is, the available information shows that the compound annual growth rate of Berkshire shares from 1965 to 2023 has been close to 20%, where the total return of the US stock market has been twice so smooth