When you think of stock market success, it’s hard not to think about Warren Buffett. Buffett, known as the Oracle of Omaha, has been at the helm of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) since 1965 but plans to retire at the end of this year at the age of 95.
Since Buffett has been the head of Berkshire, it has been one of the stock market’s most consistent top performers. From 1964 to 2024, Berkshire has outperformed the S&P 500 (SNPINDEX: ^GSPC), returning more than 5,500,000% compared to the index’s roughly 39,000% (and that’s including reinvested dividends). This averages out to 19.9% and 10.4% annual returns, respectively.