Key Points Although the Oracle of Omaha retired as Berkshire Hathaway’s CEO on Dec. 31, his nuggets of investing wisdom live on. Buffett’s favorite valuation tool recently made dubious history. However, Berkshire’s now-former boss would never bet against America and has used inevitable stock market downturns as opportunities to pounce on amazing deals. 10 stocks we like better than S&P 500 Index › On Dec. 31, billionaire Warren Buffett retired as Berkshire Hathaway 's (NYSE:BRKA) (NYSE:BRKB) CEO, handing the keys to the trillion-dollar conglomerate he helped build to Greg Abel. After more than half a century at the helm, the Oracle of Omaha outperformed the benchmark S&P 500 (SNPINDEX:^GSPC) by more than 6,000,000!
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