Share of Berkshire's Portfolio
Apple is the world's most valuable public company and Warren Buffet's largest stock holding. Under the leadership of CEO Tim Cook, Apple has continued to provide outstanding value to long-term shareholders. Berkshire Hathaway began investing in Apple back in 2016.
In addition to Occidental Petroleum Corporation (NYSE:OXY), stocks such as Bank of America Corporation (NYSE:BAC), Apple Inc. (NASDAQ:AAPL), and the Coca-Cola Company (NYSE:KO) are also amongst the top 15 stock picks of Warren Buffett's 2023 portfolio.
Buffett has seen his firm's share price grow by thousands of percentage points over the past couple of decades. A class A share of Berkshire, Berkshire Hathaway Inc. (NYSE:BRK-A), is the most expensive share on the stock market with one share being worth a stunning $492,000 as of June 2023.
Warren Buffett once said, “The first rule of an investment is don't lose [money]. And the second rule of an investment is don't forget the first rule. And that's all the rules there are.”
He began investing in stocks at age 10, and was a millionaire by his early 30s, when he began buying Berkshire Hathaway stock at $7.60 per share. Today, Berkshire trades at about $465,000 and Buffett has a net worth of $107 billion.
Key Takeaways. The U.S. stock market is considered to offer the highest investment returns over time. Higher returns, however, come with higher risk. Stock prices typically are more volatile than bond prices.
So 2.25 percent of the $79 billion in Apple shares owned by Berkshire Hathaway is owned by Bill & Melinda Gates, which today accounts for… $1.8 billion worth of Apple stock. Percentage-wise, only 0.13 percent of Apple's total value is owned by the Trust.
As of September 2021, Gates' net worth is estimated to be around $125 billion. If his fortune were converted to gold, he would have approximately 2,500 metric tons of the metal. That's equivalent to about two Olympic-sized swimming pools filled with gold.
2023-02-10 - Bill & Melinda Gates Foundation Trust has filed an SC 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 6,228,804 shares of Coca-Cola Femsa S.A.B. DE C.V. - ADR (US:KOF). This represents 11.9 percent ownership of the company.
Berkshire holds stakes in Itochu Corp., Marubeni Corp., Mitsubishi Corp., Mitsui & Co., and Sumitomo Corp., the US insurer said in a release on Monday. Buffett, the chairman of Berkshire, said in April that the firm would boost stakes in the Japanese companies, prompting their stock prices to rise to record highs.
At 20-25 stocks, you've captured all the potential benefits of diversification with even the right stocks. Few people need this many positions but it's the maximum needed positions that will still be of any benefit to the stock investor.
These are: invest within your circle of competence, think like a business owner when buying equities, and buy at inexpensive prices to provide a margin of safety.