Under Buffett, Berkshire has outpaced the S&P 500 for past 60 years
At the company's annual shareholders meeting over the weekend, Berkshire Hathaway (BRK-B, BRK-A) chairman and CEO Warren Buffett, 94, announced his plans to step down as chief executive at the end of 2025, to be succeeded by Berkshire Hathaway Energy Chair Greg Abel. Berkshire stock has been falling in Monday's trading session following this news. Yahoo Finance senior markets reporter Josh Schafer comes on Market Domination to evaluate how Berkshire Hathaway stock has outperformed the S&P 500 (^GSPC) and the firm's adaptability in shifting its holdings in its investment portfolio. To watch more expert insights and analysis on the latest market action, check out more Market Domination here.