Berkshire Hathaway Swings to $21.66 Billion First-Quarter Profit

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Berkshire Hathaway Swings to $21.66 Billion First-Quarter Profit
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Berkshire has generated massive returns for its shareholders, but recent missteps have raised concerns among some investors about whether the company has grown too big to outperform the market

Warren Buffett’s Berkshire Hathaway Inc. won’t change much after Mr. Buffett is no longer at the helm, he assured shareholders at the company’s annual meeting Saturday.

Berkshire has generated massive returns for its shareholders in its history. But recent new investments and missteps have raised concerns among some investors about whether the company has grown too big to outperform the market in the future. In the past decade, Berkshire stock has risen 259%, compared with a 314% increase in the S&P 500 including dividends.

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