Warren Buffett-led Berkshire Hathaway Owns $67 Billion of This AI Stock

Warren Buffett has been the CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) for decades. His track record in allocating capital for the company is astonishing, with a stellar compound annual growth rate of about 20%. In the past several years, though, one company, in particular, has produced a fantastic return that has lifted the Omaha conglomerate.Berkshire Hathaway has a huge public equities portfolio. Given Buffett's history of avoiding investments at the cutting edge of technology, it might be surprising to learn that he owns $67 billion of this artificial intelligence (AI)-related stock (as of April 1). While it has soared 617% in the past 10 years, it's currently trading 14% below its peak.Here's what investors need to know.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool