Further, I can’t think of anyone I would trust more than Warren Buffett and his team of stock pickers to invest my money wisely. It’s hard to argue with Berkshire’s track record, especially during bad times. Over the past 50 years, the S&P 500 has finished in the red 11 times, and Berkshire beat the index in every single one of those years.
Berkshire’s average annual return of nearly 20% over a 50-year time period is quite an accomplishment. While past performance doesn’t guarantee future investment results, I have no reason to believe that Berkshire’s consistent outperformance will end anytime soon.
Dan Caplinger: American Express (AXP).
The key to successful long-term investing is identifying when short-term difficulties create opportunities for profitable investments. Despite all the troubles American Express is going through right now, I believe that its reputation remains healthy and that it has the ability to pull out of its tailspin and recover fully.
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Brian Stoffel owns shares of Berkshire Hathaway and Google. Dan Caplinger owns shares of Berkshire Hathaway and Google. Matthew Frankel owns shares of American Express, Berkshire Hathaway, and Google. Todd Campbell has no position in any stocks mentioned. The Motley Fool recommends American Express, Berkshire Hathaway, Celgene, Costco Wholesale, and Google.
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