From Yahoo Finance: 2024-09-03 04:03:00

Investors looking for above-average returns often face more risk. Warren Buffett’s latest letter to Berkshire Hathaway shareholders highlighted a company with strong prospects and less downside. His track record shows Berkshire’s superior returns to the S&P 500, pointing to potential growth. The top stock in Buffett’s portfolio is American Express, followed by Coca-Cola and Occidental Petroleum. However, Buffett believes Berkshire Hathaway itself is the safest bet for outperforming the market long-term. With a substantial cash reserve, Berkshire is positioned for growth opportunities and to ride out market volatility. Buffett’s confidence in Berkshire’s future is reflected in his personal and family investments in the company.



Read more at Yahoo Finance: 1 Stock That’s a Safe Bet to Outperform the Market Long Term, According to Warren Buffett