As the private jets descend upon Omaha’s Eppley Airfield this afternoon, bringing shareholders to Berkshire Hathaway’s annual meeting, that company’s stock continues its recent stellar run, with its Class A shares finishing up 1.75% to $809,350.00, a record closing high.
Berkshire stock has soared about 19% in 2025, versus a 3.3% decline for the S&P 500. That’s a stunning outperformance–especially given that Berkshire has a market capitalization now of over $1 trillion. It’s one of seven companies in the U.S. that size–with the others all Big Tech names.
Berkshire’s annual meeting, sometimes called “Woodstock for capitalists,” is often a festive affair, but this year is extra-special as it marks the 60th anniversary of when Buffett took over a down-and-out textile maker and began to transform into a global goliath. Berkshire’s stock price back in 1965 was around $20 and has since risen an incredible 40,000 times. Even if its stock fell 99% from here, Berkshire would still have outperformed the S&P 500 during Buffett’s tenure.