Warren Buffett started what would become the most profitable investment in his legendary career. Through his company, Berkshire Hathaway Corp. (BRK.A), he began accumulating shares in Apple Inc. (AAPL),

Investors are awaiting Berkshire Hathaway Chairman Warren Buffett’s annual investor letter, in which he typically expounds on Berkshire’s performance along with anecdotes and vignettes about investing and life.

Citi's lead beverages analyst Filippo Falorni views Berkshire Hathaway's investment as "a perfect example of value investing."

Not only are investors looking to dig into Berkshire's financials, they are also keenly awaiting Buffett's annual letter to shareholders that may offer commentary on investments and the economy.

There’s a good chance that Berkshire Hathaway’s stock will lag the S&P 500 in the coming years. This is a matter of simple probabilities, and not a criticism of Berkshire Hathaway Chairman and Chief Executive Warren Buffett or his designated successors.