The Berkshire Hathaway (BRK-B) portfolio owned by billionaire investor Warren Buffett now includes 41 stocks. The portfolio consists of a wide range of stocks, but three corporations currently hold $165 billion of the $283 billion invested. These include Apple (AAPL), American Express (AXP), and Bank of America Corp (BAC).
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Warren Buffett’s Top Picks
Buffett is known for solely funding reputable businesses, which raises the question of whether or not other investors ought to follow in his footsteps.
It should be noted that during the 1960s, he produced returns of about 20% annually, which is double the S&P 500’s production during that same time frame.
1. Apple (AAPL)
AAPL stock makes up 30% of Buffett’s portfolio. This is due to several reasons. In the first quarter of 2016, Apple stock was trading at about $24 when “The Oracle of Omaha” bought it.
AAPL’s share price is $230.57, following a 0.082% decline over the past day. Amidst this, a $1,000 investment made at the same time as Warren Buffett’s would have generated a profit of $9,570 to $8,570.
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2. American Express (AXP)
The share price of American Express is currently $269.98. Any investor who was old enough to follow Buffett into the investment would now have $300,744. This further means they would have made almost $300,000 from AXP alone.
3. Bank of America (BAC)
When Warren Buffett bought BAC stock in Q3 2011, the price was between $6 and $10, with $7 looking like the most plausible estimate. Since the price of BAC’s stock is currently $42.65, a $1,000 investment made in 2011 would have increased to $6,067, yielding a $5,067 profit.
An investor who followed in Warren Buffett’s footsteps and poured funds into his current top three holdings with a total investment of $3,000 would have gradually become wealthy. Currently, they would have $316,381 for a 10,446% return.
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