Warren Buffett Steps Down as Chairman of Berkshire Hathaway: Here Are 3 of His Biggest Investing Lessons You Need to Know

Key Points Investors must remember they are buying real businesses that sell products and services to actual customers. It's easy to get caught up in the day-to-day of the market, but wealth is built by focusing on the long term. Buffett has suggested a low-cost S&P 500 index fund, not active stock picking, as a smart move for most people. 10 stocks we like better than Berkshire Hathaway › From the start of 1965 to the end of 2025, Berkshire Hathaway 's (NYSE: BRKA) (NYSE: BRKB) share price climbed at a compound annual rate of 19.7%. On a cumulative basis, the monster return of 6,099,294% is jaw-dropping. A hypothetical $10,000 investment made at the start of this period would've been worth almost $610 million as of Dec. 31 of last year.