Famed investor Warren Buffett, also known as the “Oracle of Omaha,” is the chairman and CEO of Berkshire Hathaway Inc. (BRK.A, BRK.B). His long-term investment strategy has worked out well in his favor, making him the world’s fifth richest person. As of December 7, his real-time net worth stood at $106.70 billion.
BRK.A has outpaced the broader market over the past year, gaining 9.1%, while the broader S&P 500 index has declined 12.9%. Moreover, over the past month, BRK.A is up 7.6%, outpacing the S&P 500’s gain of 6.1% over the same period.
