Veytics Intelligence
2026-09-21 · Yahoo

Warren Buffett built a $1 trillion machine. Now what?

Warren Buffett is no longer chairman of Berkshire Hathaway (BRK.A, BRK.B), formally closing one of the most consequential chapters in modern investing. Buffett acquired Berkshire in 1965 and transformed a struggling textile company into a conglomerate that spans insurance, railroads, energy, manufacturing, retail, and a massive portfolio of publicly traded stocks. The financial record behind that transformation is extraordinary. From 1965 through 2025, Berkshire's per-share market value compounded at 19.7% annually, compared with 10.5% for the S&P 500 with dividends included. Berkshire's overall gain from 1964 through 2025 was 6,099,294%, versus 46,061% for the S&P 500. But Buffett's legacy is more than a string of winning stock picks.

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