What is Warren Buffett's favorite stock?
With an impressive track record of dividend growth and a resilient business, Visa Inc (NYSE:V) is one of the best dividend stocks to buy according to Warren Buffett. In addition to Visa, Warren Buffett also enjoys dividends from Chevron Corp (NYSE:CVX), Coca-Cola Co (NYSE:KO) and American Express Company (NYSE:AXP).
Delve into the Berkshire chairman and CEO's investment strategy. Warren Buffett is undoubtedly one of the most respected investors of all time. On paper, Buffett's investment strategy is pretty simple: Buy businesses, not stocks.
These were the stocks Buffett had in his portfolio heading into 2024. Some top picks of Berkshire are Apple Inc. (NASDAQ:AAPL), Coca-Cola Co (NYSE:KO) and Chevron Corp (NYSE:CVX).
The current portfolio value is calculated to be $347.36 Bil. The turnover rate is 1%. In Warren Buffett's current portfolio as of 2023-12-31, the top 5 holdings are Apple Inc (AAPL), Bank of America Corp (BAC), American Express Co (AXP), Coca-Cola Co (KO), Chevron Corp (CVX), not including call and put options.
| Company name and symbol | Value of position | Notes |
|---|---|---|
| Liberty Live Group — Series A (LLYVA) | $161M | New portfolio addition. |
| Sirius XM Holdings (SIRI) | $44M | New portfolio addition. |
| Atlanta Braves Holdings Inc. — Series C (BATRK) | $8M | New portfolio addition. |
Obviously, Buffett's main stock is none other than Berkshire Hathaway itself. Apple ranks in the top position in Berkshire's portfolio by far.
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.”
- Apple (AAPL).
- Bank of America (BAC).
- American Express Co. (AXP).
- Coca-Cola Co. (KO).
- Chevron (CVX).
- Occidental Petroleum (OXY).
- Kraft Heinz (KHC).
- Moody's Corp. (MCO).
Berkshire Hathaway (BRK. A 0.61%) (BRK. B 0.79%) has been a tremendous stock for long-term investors. If someone were lucky enough to buy shares in the company when Buffett took over as CEO in 1965, their investment would've increased 24,000 times over.
Berkshire Hathaway began buying shares in 2022 Q1 and now owns over 15% of Paramount. The stock's valuation looks cheap, but Paramount Global still faces several key challenges.
What stock did Warren Buffett recently sell?
| Stock | Q4 change in shares | Change |
|---|---|---|
| Markel Group Inc. (MKL) | -158,715 | Sold all |
| SiriusXM Holdings Inc. (SIRI) | +30,559,834 | +315.6% |
| StoneCo Ltd. (STNE) | -10,695,448 | Sold all |
| Globe Life Inc. (GL) | -831,014 | Sold all |
Why Is Berkshire Hathaway Stock So Expensive? Berkshire Hathaway CEO Warren Buffet decided against a stock split, which is why the company's shares are so expensive. He felt that this would bring value to the company by preventing high-frequency trading, thereby reducing short-term volatility in the stock.
Berkshire Hathaway B is currently sporting a Zacks Rank of #2 (Buy). Over the past three months, the Zacks Consensus Estimate for BRK.B's full-year earnings has moved 1.8% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
| Symbol | Name | Price (Intraday) |
|---|---|---|
| VKTX | Viking Therapeutics, Inc. | 79.99 |
| AMZN | Amazon.com, Inc. | 175.15 |
| LCID | Lucid Group, Inc. | 3.2950 |
| GOOGL | Alphabet Inc. | 137.55 |
- Nvidia Corp. (ticker: NVDA)
- Apple Inc. (AAPL)
- Microsoft Corp. (MSFT)
- Alphabet Inc. (GOOG, GOOGL)
- Tesla Inc. ...
- AllianceBernstein Holding LP (AB)
- Walt Disney Co. ...
- PayPal Holdings Inc.
| STOCK | % OF PORTFOLIO | MARKET VALUE OF SHARES |
|---|---|---|
| Berkshire Hathaway Inc. (BRK.B) | 16.8% | $7.1 billion |
| Canadian National Railway Co. (CNI) | 16.3% | $6.9 billion |
| Waste Management Inc. (WM) | 14.9% | $6.3 billion |
| Caterpillar Inc. (CAT) | 5.1% | $2.2 billion |
Over 30 years ago, Warren Buffett, CEO of Berkshire Hathaway, made his first purchase of silver in anticipation of the metal's demonetization by the U.S. Government. Since that time he has followed silver's fundamentals but no entity he manages has owned it.
Warren Buffett sold McDonald's because he didn't think it belonged in the list of businesses he wanted to own, and this decision cost him around a billion dollars.
The most expensive stock is Berkshire Hathaway's Class A stock. Luckily, its Class B stock is much more affordable. Alana Benson is an investing writer who joined NerdWallet in 2019.
When he goes down a track that doesn't make sense, he does not pay attention to anything, which is a weakness for a big business leader like him. His biggest weakness is greed. He loves money too much that it interfered with his relationship with his family for a long time.
What is the 70 30 rule Buffett?
Warren Buffet's rule is to keep your long-term investments at about 70% stocks and 30% bonds, in case of stocks plummet. Another example is to use this technique for budgeting.
According to Warren Buffet, “The best investment—by far—is developing yourself.” In particular, he says, “I would say communications skills are the first area I would work on to enhance your value throughout life...
Warren Buffett has proposed a simple test of capital allocation ability: has a CEO created at least a dollar of value for every dollar of retained earnings over the course of his tenure? Buffett's metric captures in a single number the collective wisdom and folly of decision-making over the course of an entire career.
Buffett owns about $1.5 billion of Amazon stock, which represents only about 0.44% of Berkshire's total portfolio. Similarly, Wood's position in Amazon is in only one of her exchange-traded funds, and the company represents just 0.06% of the fund.
However, not all of Berkshire's holdings have direct ties to consumers. Outside its usual playbook, Berkshire owns a $1.2 billion stake in data cloud company Snowflake (SNOW -19.54%). Despite trading down 50% from its high, the stock could someday become one of Berkshire's best-performing investments.
