Thousands of boxes littering Union Pacific train tracks in downtown Los Angeles attest to a wave of rail thefts that have taken place in recent months, and have worsened supply chain bottlenecks.
If you were lucky enough to own a $3,000 stake in Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) when he took control of the company in 1965, that position would now be worth nearly $81 million. The Oracle of Omaha's knack for finding high-quality long-term investment opportunities has led to market-crushing results, and his storied performance means the investing world tends to keep a close eye on his company's holdings. Let's take a closer look at five top stocks backed by Berkshire Hathaway that are worth buying and holding for the long term.
Much like consumers who opened their wallets en masse after being locked in their homes for months due to the pandemic, the benchmark index turned on the afterburners in 2021 and outperformed both the Dow Jones Industrial Average and the Nasdaq by its widest margin in over two decades. If you ignore the sudden plunge the stock market experienced at the onset of the pandemic, it has been on an incredible tear since the end of the Great Recession in 2009.