There’s a good chance that Berkshire Hathaway’s stock will lag the S&P 500 in the coming years. This is a matter of simple ...

Berkshire Hathaway is a multi-industry conglomerate, led since 1965 by investor Warren Buffett. Its principal business lines are in the insurance, railroad freight, and utility industries ...

Let's delve deeper into each type of owner of Berkshire Hathaway, beginning with the chart below. Many institutions measure their performance against an index that approximates the local market.

As the chart below shows, an investment in Berkshire Hathaway has trounced the performance of the S&P 500 index over time. That hasn't been the case in every year, but the long-term total returns ...