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Warren Buffett’s Berkshire Hathaway achieved a cumulative return of 5,502,284% from 1965 through 2024, significantly outperforming the S&P 500’s 39,054%. Buffett plans to retire at the end of this year. Key investments include Amazon (NASDAQ: AMZN) and Apple (NASDAQ: AAPL), both companies integral to a strong investment portfolio for those ready to invest $1,000.
As of the first quarter, Berkshire held 10 million shares of Amazon, which reported a 20% year-over-year increase in operating income. Amazon’s revenue totaled $650 billion in the past year, with 38% from e-commerce and significant contributions from its AWS division. Meanwhile, Apple reported $26 billion in services revenue last quarter, accounting for 28% of its total revenue, despite a 20% year-to-date drop in stock price.
Buffett invested in Apple in 2016, and it remains Berkshire’s largest investment even after a reduced stake. Apple’s net profit over the last four quarters was $97 billion, with earnings expected to grow at an annualized rate of 10% in the long term.
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