The Gates Foundation Trust is the repository for the stocks that support the billionaire's charitable endeavors. Most of the Trust's key holdings have long track records of success.
Berkshire Hathaway (NYSE: BRK.A, BRK.B) shares have fallen sharply since CEO Warren Buffett announced his decision to step down, significantly underperforming the broader market.
Berkshire Hathaway shares have returned about 9% year to date, notably lagging the S&P 500's 15% return in that period. The underperformance comes amid the loss of the Buffett premium investors were willing to pay with Warren Buffett at the helm.
Warren Buffett is set to step down as CEO of Berkshire Hathaway when 2025 comes to a close. Berkshire's billionaire boss isn't buying much these days, including shares of a company he spent $78 billion purchasing over a six-year period.
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