The opportunity-starved organization is likely to start making major investments again -- just in a different way.

From 1965 to 2023, Berkshire Hathaway expanded its net earnings at a compound annual growth rate (CAGR) of 20% from $2 million to $96.2 billion. A $1,000 investment in the company on the day Buffett took the helm would be worth $2.48 million today. The same investment in the S&P 500 would only have grown to about $68,200.

In his annual letter to shareholders Saturday, Warren Buffett celebrated the successes of Berkshire Hathaway's companies last year and in the 60 years since he took over a struggling New England textile company and began converting it into a massive conglomerate while offering some advice to President Donald Trump.

Warren Buffett's Berkshire Hathaway saw its stockpile of cash continue to swell, amid questions about what he plans to do with all that money. But in his annual letter to the conglomerate's shareholders, he reaffirmed his desire to invest in businesses, rather than hold onto cash.

Billionaire Warren Buffett is viewed as one of the world’s greatest investors, so his annual letters to Berkshire Hathaway shareholders are always read closely for lessons. Buffett no longer ventures much into politics or current events in his letters,

Billionaire Warren Buffett is viewed as one of the world’s greatest investors, so his annual letters to Berkshire Hathaway shareholders are always read closely for lessons.

Berkshire Hathaway Inc. has released its much-anticipated 2024 Annual Report, including Chairman Warren Buffett’s letter to shareholders, on Saturday, February 22, 2025.

(AP) — In his annual letter to shareholders Saturday, Warren Buffett celebrated the successes of Berkshire ... businesses that include brands like Dairy Queen and See's Candy.