Can You Guess Warren Buffett’s Largest Stock Holding?

by Fred Fuld III

Warren Buffett, the head of Berkshire Hathaway (BRKA) (BRKB), is considered to be one of the top investors,  and is probably the most well known investor in the world. In addition, Buffett is a very interesting character.

Many investors like to copy Buffett’s investments, in order to match his superior returns.

So the first thing a copycat investor would do is to check and see what stock he owns more of than any other investment.  Can you guess what that stock is?

It is Apple Inc. (AAPL), the iPhone, iPad, Mac, and Apple Watch company. According the Berkshire Hathaway’s latest report to the SEC, Apple makes up 21.27% of the Berkshire Hathaway portfolio, a fairly large commitment. Buffett has 239 million shares worth over $40 billion.

The second largest shareholding is Wells Fargo (WFC), making up 12.66% of the Berkshire portfolio. In third place is Bank of America (BAC) at 10.78%.

Rounding out the top five shareholdings is Kraft Heinz (KHC) representing 10.74% of the portfolio and Coca-Cola (KO) at 9.19%.

To see all the stocks owned by Warren Buffett’s Berkshire Hathaway, so to the  Buffett Stock List.

Hopefully you can ride on Buffett’s coattails to investment success.

 

Disclosure: Author owns AAPL, BRKB, and BAC.

How Would You Like to Have Lunch with Warren Buffett? Here’s How!

If you have ever wanted to have lunch with arguably the greatest investor in the world, Warren Buffett, well now you have your chance. In addition to eating with Buffett, the head of Berkshire Hathaway (BRKA) (BRKB), you get to pick his brain about investing.

All you need to do is be the successful bidder for the eBay (EBAY) auction of the Power Lunch with Warren Buffett to Benefit GLIDE. The current bid at the time this article was written is $1,510,100.00. There have been 23 bids so far and the starting bid was $25,000.

Buffett will have a meal with the winning bidder and up to seven friends at Smith & Wollensky in New York City on a mutually agreed upon date.

All of proceeds from the winning bid will benefit GLIDE, one of the leading social service institutions working to alleviate human suffering and poverty in the San Francisco Bay Area.

You have less than four days to bid, as the auction closes on June 1, 2018 at 7:30 pm PDT. You must prequalify to bid.

Unusual Facts About Berkshire Hathaway’s Warren Buffett

Do you think you know a lot about Warren Buffett? Here is some interesting trivia about the famous and successful head of Berkshire Hathaway (BRKA) (BRKB). Maybe you will find some interesting facts that you weren’t aware of.

1. Warren Buffett’s father was a republican congressman.

2. Warren Buffett is of Huguenot ancestry.

3. His first stock purchase was three shares of Cities Service Preferred purchased when he was eleven years old.

4. When he was fourteen years old, he filed his first tax return, which listed his watch and bicycle as a tax deduction of $35 for his paper route.

5. He was a capitalist at a very young age, not only delivering newspapers, but selling magazine subscriptions door-to-door, selling golf balls, and selling Coca-Cola.

6. He owned a chain of pinball machines in various barber shops when he was fifteen years old.

7. In his high school yearbook, under his picture, it says ‘likes math; a future stock broker.’

8. He received his B.S. in Economics from the University of Nebraska–Lincoln when he was only 19 years old.

9. He paid $31,500 for the Omaha house he lives in today (although he bought it 52 years ago).

10. He used to own a house in Laguna Beach, California.

11. Buffett attended Columbia Business School because Benjamin Graham and David Dodd taught there.

12. In 1951, he received a M.S. in Economics from Columbia Business School.

13. He made almost $10,000 by the age of 20 in 1950.

14. Buffett’s father and Benjamin Graham told him not to work on Wall Street.

15. He taught a night class at the University of Nebraska-Omaha called Investment Principals.

16. He owned a Sinclair Texaco gas station in his early 20’s.

17. His starting salary at Benjamin Graham’s company was $12,000 a year.

18. When he was 26 years old, he had $174,000 in savings.

19. He became a millionaire in 1962.

20. Buffett first bought Berkshire Hathaway stock at $7.60 per share.

21. 99% of Warren Buffet’s wealth was earned after he turned 50.

22. Warren Buffett believes gold is a bad investment with no real value.

23. Warren Buffett has only sent one email in his life — an email to Jeff Raikes from Microsoft.

24. Behind only Bill Gates, Warren Buffett has donated the second-highest amount to charity ($30.7 billion) among all of the greatest philanthropists.

25. Warren Buffett still uses an old Nokia flip phone rather than a smartphone.

26. Warren Buffett spends 80% of his days reading newspapers and books.

27. As of 2018, Warren Buffet’s net worth is $84.1 billion, which is greater than the GDP of Uruguay.

28. In 2013, Warren Buffett made on average $37 million per day.

If you like interesting trivia like this, you should get the book, Stock Market Trivia.

How to See Warren Buffett’s Berkshire Hathaway Meeting Even If You Aren’t a Shareholder

Have you ever wanted to attend the annual meeting of Berkshire Hathaway, the company headed by Warren Buffett? Well now there is a way you can see the meeting, even if you aren’t a shareholder.

The Berkshire Hathaway 2018 Annual Shareholders Meeting will be held on Saturday, May 5th, through Yahoo Finance, which is the exclusive online host.

The meeting can be viewed in either English or Mandarin.

The live stream will begin at 6:45am PT, 8:45am CT, and 9:45am ET.

Business & Investment Books Now on Sale

It’s time for our periodic list of Amazon Kindle books on sale in the genres of business, investing, and entrepreneurship. If you have any interest in them, you should probably order them right away, as these sales may only last for a few days.

 

Get Smart!
By Brian Tracy
Learn how to think like the world’s most successful people, access your untapped mental ability, and realize your true potential.
$1.99 Retail: $11.99

 

The Essentials of Persuasive Public Speaking
By Sims Wyeth
Develop great communication skills, conquer nerves and command attention.
$1.99 $8.64

 

Warren Buffett’s Ground Rules
By Jeremy C. Miller
The strategy that led to Warren Buffett’s spectacular success. 
$2.99  Retail: $3.49

 

A Random Walk Down Wall Street
By Burton G. Malkiel
How to make Wall Street work for you.
$2.99  Retail: $9.18

 

Leadership Lessons
By Will Peters
Warren Buffett, Walt Disney, and Steve Jobs made an impact on the world. Learn the essential principles of leadership that generated their success. $1.99  Retail: $9.99

 

Top Books by Top Business Executives

If you are looking to be successful, look no further than several of the top people in their industries. Many of these individuals have written books about themselves and their successes.

These are all definitely worth reading:

The Essays of Warren Buffett: Lessons for Corporate America, Fourth Edition by Warren Buffett

How to Win at the Sport of Business: If I Can Do It, You Can Do It by Mark Cuban

Finding My Virginity: The New Autobiography by Richard Branson

On Success by Charles Munger

The First Billion Is the Hardest: Reflections on a Life of Comebacks and America’s Energy Future by T. Boone Pickens

Ross Perot: My Life & The Principles for Success 2nd Edition by Ross Perot

Reviving America: How Repealing Obamacare, Replacing the Tax Code and Reforming The Fed will Restore Hope and Prosperity by Steve Forbes

The Ten Roads to Riches: The Ways the Wealthy Got There (And How You Can Too!) by Ken Fisher

Business @ the Speed of Thought: Succeeding in the Digital Economy by Bill Gates

 

7 Ways to Invest in Warren Buffett

Billionaire Warren Buffett is the second richest American and fourth richest person in the world, according to the May 11 issue of Forbes. He is the head of Berkshire Hathaway (BRK-A, BRK.A), the highest priced stock and one of the most successful companies during the last half-century. Buffett’s wealth is due to his expertise in investing.

So if you want to invest in Warren Buffett, or like Warren Buffett, or side-by-side with Warren Buffett, you have several options available to you.

#1 Berkshire Hathaway A Shares

Do you have a spare $256,000 in your portfolio? If so, you can pick up one share of Berkshire Hathaway.

#2 Berkshire Hathaway B Shares

If a quarter of a million dollars is out of your price range, the company also has Class B shares (BRK-B), currently trading for around $170 a share. The Class B common share is equal to one-fifteen-hundredth (1/1,500) of the Class A shares.

#3 Markel

Markel Corp. (MKL) is an insurance company that many consider to be a mini-Berkshire, especially since it has over $250,000,000 of Berkshire Hathaway Class A stock and another quarter of a billion dollars of the Class B stock.

#4 Oppenheimer Financials Sector Revenue ETF

The Oppenheimer Financials Sector Revenue ETF (RWW) has over 15% of its portfolio invested in Berkshire, its largest holding.

#5 Financial Select Sector SPDR® Fund

Berkshire is the second largest holding of the Financial Select Sector SPDR® Fund (XLF) , amounting to more then 10% of the portfolio.

#6 iShares U.S. Financials ETF

iShares U.S. Financials ETF (IYF) also has Berkshire as its second largest holding, making up almost 7% of the portfolio.

#7 Stocks that Warren Buffett Owns

One other option is to create a portfolio that emulates Berkshire Hathaway’s holdings of publicly traded stocks. (Keep in mind that this wouldn’t cover Berkshire’s holdings of non-public stocks.) In addition, it would involve purchasing many different stocks, so you would be better off just buying the Class B shares. But if you think that you can outperform Buffett using his ideas by picking and choosing his best picks, then you should check out a list of Berkshire’s major stockholdings.

For a free downloadable list of all of Warren Buffett’s Berkshire Hathaway stockholdings, which can be changed, added to, and sorted by yield and forward PE, go to WallStreetNewsNetwork.com.

Disclosure: Author didn’t own any of the above at the time the article was written.