Warren Buffett's Biggest Bets in 2024: 57.4% of Berkshire Hathaway's $367.5 Billion Stock Portfolio Is Held in Just 2 Stocks
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett's financial track record is legendary. The Omaha, Nebraska, native has led his company to market-crushing success through multiple decades and informed and inspired millions of investors around the world.
Strikingly, the famous moneyman has delivered incredible returns while largely avoiding the time-honored practice of portfolio diversification. Buffett does advocate diverse holdings for less-experienced investors, calling it "protection against ignorance." But for investors who know what they are doing, he says it makes little sense. For this experienced investor, roughly 57.4% of Berkshire's $367.5 billion portfolio is concentrated in just two stocks.
Read on as two Motley Fool contributors explain why Buffett has placed huge bets on a duo of industry-leading companies.
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 15.86% compared to the current price of 561000.0 € for Berkshire Hathaway Inc. A.
