Maybe you thought Berkshire Hathaway was out? Not yet originally appeared on TheStreet. On May 2, the day before Warren Buffett said he would retire at the end of 2025, Berkshire Hathaway shares hit a record. Two 52-week highs, actually: And then the stocks tumbled, about 14.5% for each class, just about every day until early August.

Berkshire Hathaway’s portfolio added six new stocks, including the three new secret stocks. Warren Buffett was a net seller of stocks for the eleventh straight quarter.

Berkshire Hathaway ( BRK.A 0.95%) ( BRK.B 0.68%) is considered by many to be a reliable stock for long-term investors. It's outperformed the S&P 500 ever since a young Warren Buffett took over the company in 1965, and its evolution from an aging textile maker to a diversified conglomerate churned out millionaire-making gains.

Warren Buffett emphasizes that while achieving success is exciting, effectively correcting mistakes when they occur is equally critical for businesses.

A hallmark of Berkshire Hathaway is its focus on long-term value investing, a strategy championed by Warren Buffett and his late partner Charlie Munger. The approach has delivered remarkable returns to Berkshire shareholders, with average annual growth far outperforming the broader stock market for decades.

Berkshire Hathaway recently filed its second-quarter 13F form, revealing its stock holdings at the end of June.

Warren Buffett’s net worth makes him 28 times richer than Donald Trump thanks to decades of savvy investing and Berkshire Hathaway's growth.