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Future pace of gains at Berkshire won't come close to past: Buffett

Monday, March 2, 2015 - 05:50
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Mr Buffett is preparing in May to celebrate 50 years of running Berkshire, valued now at US$363 billion.

New York

IN his 50 years at the helm of Berkshire Hathaway Inc, Warren Buffett has transformed a failing textile company into a sprawling conglomerate that has vastly outperformed most of the rest of corporate America.

But he now says: Do not expect a repeat of that outperformance

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