Here are Warren Buffett's top 15 stock holdings

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Berkshire Hathaway’s (BRK-A,&nbsp;BRK-B) famed stock portfolio, which typically embodies Warren Buffett’s “buy and hold” maxim, posted stellar returns in 2019.” data-reactid=”15″>Berkshire Hathaway’s (BRK-ABRK-B) famed stock portfolio, which typically embodies Warren Buffett’s “buy and hold” maxim, posted stellar returns in 2019.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Some of the top holdings include American Express (AXP), Apple (AAPL), Bank of America (BAC), and Delta Airlines (DAL), according to Buffett’s widely-read annual letter.” data-reactid=”16″>Some of the top holdings include American Express (AXP), Apple (AAPL), Bank of America (BAC), and Delta Airlines (DAL), according to Buffett’s widely-read annual letter.

Buffett wrote that he doesn’t view these investments as “stock market wagers — dalliances to be terminated because of downgrades by ‘the Street,’ an earnings’ miss,’ expected Federal Reserve actions, possible political developments, forecasts by economists or whatever else might be the subject du jour.”

Rather than stock holdings, Buffett views these as companies Berkshire Hathaway “partly owns.” He added that these are companies “earning more than 20% on the net tangible equity capital required to run their businesses” and are profitable “without employing excessive levels of debt.”

A snapshot of the top 15 stock holdings held by Berkshire Hathaway at the end of 2019. A snapshot of the top 15 stock holdings held by Berkshire Hathaway at the end of 2019.
A snapshot of the top 15 stock holdings held by Berkshire Hathaway at the end of 2019.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="In the long run, he remains bullish on equities, noting that they’ll outperform fixed-income investments.” data-reactid=”30″>In the long run, he remains bullish on equities, noting that they’ll outperform fixed-income investments.

“Returns of that order by large, established and understandable businesses are remarkable under any circumstances,” Buffett wrote. “They are truly mind-blowing when compared to the returns that many investors have accepted on bonds over the last decade — 2 1/2% or even less on 30-year U.S. Treasury bonds, for example.”

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Berkshire's stock investments delivered unrealized gains of $53.7 billion in 2019 as stocks surged to all-time highs.” data-reactid=”32″>Berkshire’s stock investments delivered unrealized gains of $53.7 billion in 2019 as stocks surged to all-time highs.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="That said, the 89-year-old billionaire investing legend suggested that investors ignore that figure because of a new GAAP rule that requires earnings to include the net change in unrealized gains and losses. A year ago, Berkshire posted unrealized losses of $20.6 billion as stock prices fell.” data-reactid=”33″>That said, the 89-year-old billionaire investing legend suggested that investors ignore that figure because of a new GAAP rule that requires earnings to include the net change in unrealized gains and losses. A year ago, Berkshire posted unrealized losses of $20.6 billion as stock prices fell.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Julia La Roche is a Correspondent at Yahoo&nbsp;Finance.&nbsp;Follow her on Twitter.” data-reactid=”34″>Julia La Roche is a Correspondent at Yahoo FinanceFollow her on Twitter.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Read the latest financial and business news from Yahoo Finance” data-reactid=”35″>Read the latest financial and business news from Yahoo Finance

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Follow Yahoo Finance on&nbsp;Twitter,&nbsp;Facebook,&nbsp;Instagram,&nbsp;Flipboard,&nbsp;SmartNews,&nbsp;LinkedIn,&nbsp;YouTube, and&nbsp;reddit.” data-reactid=”36″>Follow Yahoo Finance on TwitterFacebookInstagramFlipboardSmartNewsLinkedIn, YouTube, and reddit.

Visit the Source: https://finance.yahoo.com/news/warren-buffett-berkshire-hathaway-top-15-stock-holdings-153736237.html

Add a Comment

Your email address will not be published. Required fields are marked *