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Warren Buffett is totally crushing it this year


Published on 2025-03-26 10:21:11 - Insider
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  • Berkshire Hathaway stock has soared 16% this year as investors bank on Warren Buffett to not just weather the storm, but profit from it too.

Warren Buffett's Berkshire Hathaway has significantly outperformed the market in 2023, with its Class A shares rising by 14.3% compared to the S&P 500's 13.8% increase. This performance marks a notable turnaround from the previous year when Berkshire lagged behind. Key contributors to this year's success include a rebound in the value of Berkshire's investments in companies like Apple, which saw a 36% increase, and Occidental Petroleum, up by 11%. Additionally, Berkshire's insurance operations have benefited from higher interest rates, boosting investment income. Despite these gains, Buffett has expressed caution about the broader economic environment, citing concerns over inflation, potential economic downturns, and the impact of high interest rates on consumer spending. However, his strategy of investing in fundamentally strong companies at reasonable valuations continues to pay off, reinforcing his reputation as a savvy investor.

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