Berkshire Hathaway achieves 100,000% return for investors

Berkshire Hathaway has achieved a remarkable 100,000% return for investors, largely due to Warren Buffett's focus on the insurance industry. Buffett's strategy involves using insurance premiums, or "float," to invest in other businesses, leading to significant growth. In 1970, Berkshire's incoming float was $39 million, which surged to $169 billion by 2023. Buffett's investments in companies like Coca-Cola and Apple have also contributed to this success, with Coca-Cola providing $736 million in dividends in 2023 alone. Buffett's approach emphasizes diversification and long-term growth. His investments have matured over decades, showcasing the effectiveness of his "snowball" strategy, where profits are reinvested to generate further wealth.