The 4 Fastest-Growing Stocks Warren Buffett Owns
Berkshire Hathaway (NYSE: BRK-A)(NYSE: BRK-B) CEO Warren Buffett is viewed as one of the greatest investors of our generation. In over six decades, Buffett has amassed more than $80 billion in net worth, almost entirely through investments, and has created more than $400 billion in value for shareholders of conglomerate Berkshire Hathaway, which he's run for roughly 50 years.
The secret to Buffett's success has simply been patience and value. The Oracle of Omaha, as Buffett is affably known among the investment community, buys into businesses with the perception that he'll be invested for many years to come. Known for touting a holding period of "forever," Buffett and his team seek out businesses that are time-tested, offer clear-cut competitive advantages, and are trading at a perceived value. Though "value" is in the eye of the beholder, Buffett has certainly leaned toward value stocks over his multi-decade investing career.
However, you might be surprised to learn that Buffett does own a handful of growth stocks. Of Berkshire Hathaway's current portfolio of 47 securities, four of his holdings are set to grow sales by a double-digit percentage in 2020, along with grow earning per share by at least 10% (on average) over the next five years.
Source Fool.com
