Reported about 1 month ago
Warren Buffett has identified Berkshire Hathaway as a strong candidate to outperform the average American corporation over the long term, primarily due to its diverse equity portfolio and lower risk of capital loss. In his 2023 letter to shareholders, Buffett emphasized that the combination of wholly owned companies and equity positions provides significant upside potential. His dedication is reflected in the fact that nearly all of his wealth is tied to Berkshire Hathaway, underscoring his belief in its ability to generate superior returns.
Source: YAHOO