Buffett Calls These 4 Businesses Making Up Most of Berkshire Hathaway "Jewels"

Every year since 1977, Warren Buffett has written an open letter to Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) investors. In them, he celebrates successes, takes responsibility for mistakes, and pontificates about what makes some businesses special.In his 2020 letter, he revealed that Berkshire Hathaway had returned 2,810,526% since he took the helm 55 years ago in 1965. Reflecting on its performance, he revealed that most of Berkshire's value was in four businesses. "All four are jewels," he noted.In the five years since, Berkshire Hathaway shares have returned another 40%, putting its returns at 5,502,284%. So it would seem that the "jewels" have continued to work their magic. What are they exactly, and can they continue to deliver for Berkshire Hathaway when Buffett steps down in January?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool