7 Artificial Intelligence Stocks Owned by Warren Buffett's $803 Billion Investment Company
Warren Buffett is arguably the most successful investment manager in history. Since 1965, he has steered his conglomerate, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), to average annual returns of 19.8% per year, twice the average annual return of the benchmark S 500 index. Over the course of 58 years, that kind of outperformance gets compounded each year and has made Buffett (and every other long-term Berkshire stockholder) very rich.
Today, Berkshire Hathaway owns a portfolio of 56 publicly listed stocks and securities worth $352 billion, as well as dozens of wholly owned companies under the conglomerate's umbrella. Overall, it's valued at a whopping $803 billion.
Buffett's success can be attributed in part to his long-term approach to investing, and his focus on companies generating steady growth and consistent profits. He certainly wouldn't describe himself as a technology expert, let alone an expert on emerging technologies like artificial intelligence (AI).
Source Fool.com
Berkshire Hathaway Inc. A Stock
Currently there is a rather positive sentiment for Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 650000 € shows a slightly positive potential of 14.24% compared to the current price of 569000.0 € for Berkshire Hathaway Inc. A.
