Buffett's shareholder letter: Per share market value increased by 25.5%, the cumulative growth rate from 1964 to 2024 rose to 55,000 times

Buffett stated in his open letter to shareholders that in 2024, the per-share market value of Berkshire Hathaway increased by 25.5%, while the S&P 500 index grew by 25 percentage points. In the long run, from 1965 to 2024, the compound annual growth rate of Berkshire Hathaway's per-share market value was 19.9%, significantly exceeding the S&P 500 index's 10.4%. From 1964 to 2024, Berkshire Hathaway's market value growth rate was a staggering 5,502,284%, or an increase of about550