When Warren Buffett and his team at Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) make an investment, the world pays attention. Buffett has a long track record of outperforming the market. Since he took over as chief executive officer of the textile company in 1965, Berkshire Hathaway shareholders have seen the value of their stock increase at an annualized rate of 19.8%, double that of the S&P 500.
You look at somebody like Warren Buffett — perhaps the most successful investor of all time — and it's easy to assume that he's caught up in how much money he has. After all, his net worth is north of $118 billion. But that's not the case. For example, he still lives in the house he purchased 65 years ago for $31,500. He drives his cars until the wheels fall off. In other words, he has a lot to be thankful for, and it's not all about the money. If you dream of following Buffett's path to wealth,
Legendary investor Warren Buffett has achieved astounding returns throughout his career. From 1964 to 2022, his company Berkshire Hathaway Inc. (NYSE:BRK) delivered an overall gain of 3,787,464%, dwarfing the S&P 500's 24,708% return during the same period. Other than picking stocks that skyrocketed in value, Buffett also collects dividends — a lot of dividends. Buffett famously said, "If you don't find a way to make money while you sleep, you will work until you die." Don't Miss: Elon Musk has