Berkshire Hathaway's stock has underperformed the broader market since Warren Buffett announced his retirement in May.
Warren Buffett has long been a beacon of inspiration for investors worldwide. Known for his long-term investment approach, Buffett has delivered an average annual return of 20% since taking the helm of Berkshire Hathaway ( BRK.A 0.21% ) ( BRK.B -0.01% ) in 1965.
Now at 95, Buffett is preparing to step back and pass the reins to CEO Greg Abel, alongside Buffett's chosen investing lieutenants, Todd Combs and Ted Weschler.
Since Buffett announced his retirement, Berkshire's stock has lagged the broader market. This subdued performance has created an attractive buying opportunity. With the stock priced reasonably and the company sitting on a substantial cash r