From Nasdaq: 2024-09-18 04:51:00

Warren Buffett’s investment activity has led shareholders to a cumulative return of over 5,400,000% in Berkshire Hathaway’s Class A shares. The Oracle of Omaha looks for sustainable moats, strong management, and time-tested businesses. Berkshire’s top three holdings are Apple, American Express, and Bank of America, collectively making up about 53% of its invested assets. Buffett has sold significant shares in Apple and Bank of America, possibly due to high valuations and tax implications. Apple has seen massive share repurchases, while American Express excels in payment processing and lending. Bank of America benefits from a rise in interest income but faces challenges with the Fed’s expected rate cuts. Berkshire’s ownership in Bank of America has fallen to 11.1% of outstanding shares, prompting speculation about Buffett’s future moves. The Motley Fool Stock Advisor’s top 10 stock picks do not currently include Apple, highlighting other investment opportunities with massive potential returns.



Read more at Nasdaq: 53% of Warren Buffett’s $309 Billion Portfolio Is Invested in These 3 Unstoppable Stocks