Buffett Is Increasing His Bets on These 3 Sectors
Few investors have been as successful over their lifetimes as Berkshire Hathaway (NYSE: BRK-A)(NYSE: BRK-B) CEO Warren Buffett. Over a span of roughly 65 years, Buffett has transformed roughly $10,000 in seed capital into a net worth of more than $87 billion, as of Thursday, Dec. 12. Not to mention, Berkshire Hathaway's share price appreciation has created more than $400 billion in wealth for shareholders over the years.
Because Buffett has a storied history of beating the market, Wall Street and investors often look to the "Oracle of Omaha" for investment ideas. And what better way to get ideas than scour quarterly 13F filings with the Securities and Exchange Commission, which provide a portfolio snapshot for investors of what the biggest and brightest minds in the investment world have been up to.
A quick look at Buffett's 13Fs over the past three years shows that he's been upping the ante on three sectors in particular.
Source Fool.com
