Buffett's Shadow Fades: Berkshire Hathaway's Turnaround Story Berkshire Hathaway's recent stock rally has been a welcome respite for investors who have watched the conglomerate underperform the S&P 500 Index by a wide margin this year.
This turnaround is significant, given that Berkshire had trailed the index for most of the year.
Warren Buffett's retirement marked the end of an era and presented an opportunity for new blood to infuse fresh ideas into the company.