From Nasdaq:

Renowned investment guru Warren Buffett has led Berkshire Hathaway to impressive market success without relying on diversification. Roughly 57.4% of the company’s $367.5 billion portfolio is concentrated in just two stocks. The first is Apple (NASDAQ: AAPL), which has seen significant growth and profitability over the years, making it an attractive and lucrative investment opportunity.

The other major stock in Berkshire Hathaway’s portfolio is Bank of America (NYSE: BAC). Despite a rocky start, Buffett’s investment in Bank of America has paid off immensely, resulting in an impressive paper profit and substantial annual dividend income for Berkshire Hathaway. This unorthodox investment approach has solidified Buffett’s reputation as a financial genius.

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Read more: Warren Buffett’s Biggest Bets in 2024: 57.4% of Berkshire Hathaway’s $367.5 Billion Stock Portfolio Is Held in Just 2 Stocks