Warren Buffett's 3 Biggest Stock Picks for 2020
Warren Buffett is the best investor ever in many people's eyes, and the CEO of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) draws thousands of shareholders to Omaha every year to get his latest wisdom and insight. Yet as Buffett himself might say, when it comes to investing, actions speak louder than words, and watching what actions Buffett takes with Berkshire Hathaway's portfolio of stocks can be a great guide for investors looking for smart investment ideas.
Some investors would say that a true stock pick has to be a new idea. But holding onto an existing position in a stock requires the same commitment and belief in its future growth, and as of its latest report, Buffett had almost $135 billion of Berkshire Hathaway's capital invested in just three stocks. Below, we'll look at these three picks along with some thoughts about why Buffett continues to keep them among Berkshire's holdings.
Warren Buffett. Image source: The Motley Fool.
Source Fool.com
