Charlie Munger, Warren Buffett’s partner at Berkshire Hathaway, avoided diversification, putting almost all of his $2.6 billion net worth into three investments. Since Munger’s death in November 2023, Costco shares returned 47%, Himalaya Capital’s top holding Alphabet rose 130%, and Berkshire Hathaway Class A shares saw a 37% increase.

Munger’s three high-conviction investments have shown solid performance post his passing, with Costco, Himalaya Capital’s Alphabet, and Berkshire Hathaway Class A shares all posting healthy returns. Despite not outperforming the market, these investments reflect Munger’s timeless and conservative investing principles, emphasizing quality over quantity and risk management.

When considering investing in Costco Wholesale, note that it didn’t make the Motley Fool Stock Advisor’s top 10 list. The Stock Advisor team identified 10 stocks with high potential for strong returns, emphasizing individual investor community building and market-crushing outperformance. Costco may not be among the top picks, but opportunities for substantial growth exist elsewhere.

Read more at Nasdaq: Warren Buffett’s Partner, Charlie Munger, Put Almost All His Money Into 3 Investments: Here’s How They’re Doing Now