The Stocks that Make Warren Buffett Billions
Introduction
Warren Buffett, the renowned investor and self-proclaimed bitcoin hater, is considered one of the most successful investors in history. With his company, Berkshire Hathaway, Buffett has earned billions of dollars using his predictive abilities when it comes to stock prices. This article will explore five companies that have contributed significantly to Buffett’s success.
Apple Inc. (AAPL)
Apple Inc. is the largest holding in Berkshire Hathaway’s portfolio, accounting for 5.9% of all shares. Buffett’s company holds $173.7 billion worth of Apple stock, making up 47.6% of its total portfolio. Apple’s position as the world’s leading tech company has proven to be highly lucrative for Berkshire Hathaway.
Berkshire Hathaway’s Holdings in Bank of America Corp. (BAC)
The second largest holding in Berkshire Hathaway’s portfolio is Bank of America Corp. Berkshire owns 13% of the bank’s total shares, amounting to $29.6 billion. While the quantity of Bank of America shares may seem impressive, it only constitutes 8.1% of Berkshire Hathaway’s overall portfolio.
Investments in American Express Co. (AXP)
American Express Co. is one of the world’s leading credit card companies, and Berkshire Hathaway holds a 6.6% share of its stock. With a total of $24.3 billion invested in American Express, Berkshire’s holdings account for 20.6% of the company’s total shares.
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Berkshire Hathaway’s Stake in Coca-Cola Co. (KO)
Coca-Cola Co. is a global beverage giant, and Berkshire Hathaway owns approximately $23.5 billion worth of Coca-Cola shares. This represents a 9.2% stake in the company and constitutes 6.4% of Berkshire Hathaway’s portfolio. Coca-Cola’s presence extends beyond just beverages and encompasses various sectors of the food industry.
Investments in Chevron Corp.
Chevron Corp., one of the world’s largest oil producers, holds a 5.6% position in Berkshire Hathaway’s portfolio. Berkshire possesses $20.5 billion worth of Chevron shares, accounting for 6.5% of the company’s total shares outstanding.
Conclusion
These five companies, Apple Inc., Bank of America Corp., American Express Co., Coca-Cola Co., and Chevron Corp., have played a pivotal role in Warren Buffett’s success as an investor. Berkshire Hathaway’s significant holdings in these companies have generated billions of dollars in profits, solidifying Buffett’s reputation as one of the most successful investors in history.