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Adam Mead, Author of The Complete Financial History Berkshire Hathaway
The Alchemy of Money
Buffett's Long Term Performance
Warren Buffett took control of Berkshire Hathaway in 1971. In the 70s, he found bargains but then it takes a while until all of that suddenly takes off. He compounded or the stock compounded at 28.5% from 1974 to end of 1978. The company is now worth more than $80 billion.
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