From Barchart: 2024-05-04 05:50:00

Warren Buffett and Bill Gates share similarities in wealth, charity, bridge playing, and reading. They also invest in some of the same stocks, with Berkshire Hathaway being a significant winner for both billionaires. Berkshire’s phenomenal success could continue with Buffett’s investing strategy focusing on undervalued businesses.

The stock has trounced the market since Buffett took control in 1965, and both Buffett and Gates have positions in Berkshire, making up a large portion of their portfolios. Berkshire’s diversified portfolio and cash stockpile could lead to continued growth, with potential issues related to Buffett’s conservative investing style and health concerns.

Despite potential concerns, Berkshire has a solid succession plan in place with capable lieutenants ready to take over. Investors considering investing in Berkshire should take note that the company wasn’t listed among the 10 best stocks to buy now by the Motley Fool Stock Advisor team, who have consistently outperformed the S&P 500 since 2002.

Keith Speights has positions in Berkshire Hathaway and Microsoft, and The Motley Fool recommends Berkshire Hathaway, Crown Castle, Microsoft, and Walmart. Berkshire Hathaway could be a good investment choice for long-term growth, but investors should carefully consider their options and do their research before making any decisions.



Read more at Barchart: Billionaires Bill Gates and Warren Buffett Both Own This Stock — and It’s Trounced the S&P 500 Over the Long Run