The average annual return for Berkshire Hathaway from January 1, 1965 to December 31, 2013 was 19.70%. Using this rate, calculate the dollar amount that someone would have in Berkshire Hathaway stock at the end of 2013 it he or she had invested $ 10,000 into the stock at the beginning of 1965. The average annual return for the S & P 500 index for the same period was 9.40%. Using this rate, how much would a person have at the end of 2013 if he or she invested $ 10,000 at the beginning of 1965? Time period invested is 49 years.