Author Bio
Matt is a Certified Financial Planner based in South Carolina who has been writing for The Motley Fool since 2012. Matt specializes in writing about bank stocks, REITs, and personal finance, but he loves any investment at the right price. Follow him on Twitter to keep up with his latest work!
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In his most recent letter to
Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) shareholders, Warren Buffett spelled out some of the biggest reasons many conglomerates have been bad investments over the years, and how Berkshire is different. And it's tough to argue that Berkshire has performed like the typical conglomerate. Its stock has generated 20% annualized returns for investors since 1965, more than twice that of the S&P 500.