Peterson Investment, an investment management firm, released its “Peterson Investment Fund I” second-quarter 2025 investor letter. During the quarter, the fund declined by 10.1%, compared with a 10.9% gain in the S&P 500 including dividends. Despite the short-term setback, Peterson Investment Fund I remains ahead on a year-to-date basis, returning 13.6% net to investors versus the S&P 500’s 6.2% return. Looking further back, the firm highlighted its long-term record of compounding capital. Since its inception nearly 13.75 years ago, the fund has transformed a $1 million initial investment into $4.2 million net of fees, equating to an annualized return of 10.9%. Management emphasized that this enduring double-digit performance reflects the strength of its disciplined, value-based, and research-driven strategy, as well as its continued focus on alignment with investor interests. In addition, you can check the fund’s top 5 holdings to find out its best picks for 2025. A copy of Peterson Investment Fund’s Q2 2025 investor letter is available for download here.
One of the companies mentioned in the letter is Berkshire Hathaway Inc.
(NYSE:BRK-B). Berkshire Hathaway Inc. (NYSE:BRK-B), through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. Over the past month, Berkshire Hathaway Inc. (NYSE:BRK-B) rose by 1.07%, and its shares gained 9.44% of their value over the last 12 months. On September 22, 2025, Berkshire Hathaway Inc. (NYSE:BRK-B) shares closed at $493.71, with a market capitalization of $1.074 trillion.
Here is what they have to say about Berkshire Hathaway Inc. (NYSE:BRK-B) in their investor letter:
“During the 2025 Berkshire Hathaway Inc. (NYSE:BRK-B) Annual Meeting, 94-year-old Warren Buffett announced the natural succession of leadership, with Vice Chairman Greg Abel assuming day-to-day responsibilities effective January 1, 2026. Buffett will retain his role as Chairman of the Board to ensure a seamless transition in governance and strategy.
