Buffett rules out ‘eye-popping’ returns, investors aren’t listening

(Image: WSJ)

Fri, 03 May 2024

By Karen LangleyWarren Buffett recently warned that Berkshire Hathaway has “no possibility of eye-popping performance.” That hasn’t cooled the ardour of his fans, which could make Berkshire the only non-tech company in the US worth US$1 trillion (NZ$1.67t).Shares of the sprawling conglomerate – which operates businesses from insurer Geico to BNSF Railway and owns big chunks of Apple and American Express – have roared ahead of the broader market this year, even as Buffett, 93 years old, adapts to running Berkshire w...

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