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Warren Buffett's Berkshire Hathaway Shares Hit Eight-Month High as He Urges Index‑Fund Investing
Warren Buffett, one of the world’s wealthiest investors, continues to promote low‑cost S&P 500 index funds for ordinary savers, citing a Vanguard ETF that has returned about 303 % over the past ten years. He argues that broad market exposure, low fees and long‑term discipline outperform attempts to pick individual winners.
Berkshire Hathaway’s stock rallied this week, with Class B shares closing at $512.37, the highest level in eight months, and Class A shares reaching $766,600, near their all‑time peak. The surge follows Buffett’s announcement that he will step down as CEO at the end of 2025, with Greg Abel now leading the company. Analysts note that Berkshire’s top holdings—Apple, Coca‑Cola and Bank of America—have posted strong year‑to‑date gains, helping lift the conglomerate’s market price.
Entities
Apple Inc. · Bank of America · Berkshire Hathaway · The Coca‑Cola Company · Warren Buffett