Warren Buffett's Once-Silent Warning to Wall Street Has Turned Into a $277 Billion Deafening Roar

For those wondering why Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett garners so much attention on Wall Street, look no further than his track record. Since ascending to the CEO chair in 1965, he’s overseen a greater than 5,230,000% aggregate return in his company’s Class A shares (BRK.A) and nearly doubled up the benchmark S&P 500‘s annualized total return, including dividends.

Many lengthy books have been written highlighting the formula the rightly named “Oracle of Omaha” has used to deliver outsized gains for his shareholders. This includes buying stakes in businesses with well-defined moats or competitive advantages and hanging onto these positions for multiple years, if not decades.

But what often gets overlooked is Warren Buffett’s patience and the realization that he doesn’t have to swing at every pitch.

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