Warren Buffett Sold Apple and Bank of America in Favor of This Boring Investment Offering a 4.3% Yield

The strategy in question has yielded extraordinary outcomes, as evidenced by Berkshire Hathaway’s stock growth. Since Buffett assumed control over the struggling textile business in 1965, the stock has increased at an annual compound rate of approximately 20%. To give a sense of scale, the S&P 500 has only managed to deliver compound annual returns of 10.4% during that same period.







