The conglomerate picked up shares thanks to its position in Merck NYSE:MRK , which spun off its women's health unit into a separate publicly traded entity in June In the second quarter of , Buffet also directed Berkshire Hathaway to increase its existing stakes in these three companies:.
In Q2 of , Buffett trimmed Berkshire Hathaway's positions in multiple stocks, including three pharmaceutical stocks :. In total, Berkshire Hathaway owns positions in more than 40 stocks. Here are the holding company's top 10 stocks, ranked by the value of the holding:. Valuations current as of time of writing. There's a glaring gap between the values of the No. In the top spot, Apple is such a massive holding that Buffett has referred to the technology giant as Berkshire Hathaway's "third-largest business" after its fully owned insurance and railroad businesses.
Buffett has also described Apple as "probably the best business I know in the world. As Berkshire Hathaway's second-largest position, Bank of America especially stands out because Buffett has reduced the positions of most of his bank stocks in recent quarters. The financial services leader continues to benefit from its investments in technology , including mobile apps.
While it can certainly be interesting to keep track of what Buffett and other billionaire investors are buying and selling, it's never a smart idea to jump into a stock just because someone else does, even if that someone else is the Oracle of Omaha. Although Marmon is low profile, it is profitable. Johns Manville is another unsexy company that makes very boring products, insulation, and roofing products. However, Johns Manville makes products that almost everybody needs.
Once again, Berkshire Hathaway profits by owning an obscure company that provides vital products. Interestingly, Johns Manville is a high technology company. In fact, Johns Manville is researching glass fibers and other composites that could be used in automobile and other manufacturing. Consequently, Berkshire Hathaway could one day manufacture the components for your car or airplane.
Acme Brick could be the most boring company Berkshire Hathaway owns. However, it makes a widely used product that people use every day. Products Acme Brick offers include paving stones, bricks for construction, and even glass brick for decoration. Brick is still one of the main building materials in American homes ranging from suburban ranch houses to inner-city condos.
The Fechheimer Brothers Company manufactures uniforms for police, the military, firefighters, and others. In addition, Fechheimer makes gear for a wide variety of workers. Including Justin Flame resistant garments. Once again, Berkshire Hathaway is servicing a steady but necessary market that could be recession-proof. To explain, law enforcement and the military have a steady source of revenue in the form of taxes.
In fact, Berkshire Hathaway currently offers 46, vehicles for sale through franchises. My guess is that Buffett thinks dealerships will generate float through auto financing. That means the leasers must make a monthly payment to keep their wheels. To explain, Uber and Lyft drivers will need vehicles and insurance, and Berkshire Hathaway Automotive could provide those vehicles through its dealerships.
Oriental Trading sells party, teaching, and other supplies to organizations through catalogs and a website. Oriental Trading makes money by tapping obscure markets like Vacation Bible School and classroom decorations.
However, the markets Oriental Trading can tap are vast. There were , public schools in the United States in , for instance, Education Week estimates. Thus, Oriental Trading has hundreds of thousands of potential customers all over the United States.
Oriental Trading is yet another example of a Berkshire Hathaway subsidiary that taps a vast market most people are unaware of. Therefore, studying obscure statistics helps Buffett locate great investments. Source Berkshire Hathaway Annual Reports. In addition, the unsexy nature of many Berkshire Hathaway Holdings demonstrates how you can make money by ignoring the market.
It started as an RV company but has since expanded its operations to Class A, B and C motorhomes, travel trailers, fifth wheels, toy haulers, pop-up camper trailers and more. Since its founding, Forest River has grown to have 11, employees. In , it was announced that Berkshire Hathaway would acquire Forest River.
Marmon Holdings, or Marmon Group, is a holding company made up of more than industrial companies. It was founded in by Jay Pritzker and Robert Pritzker in Chicago, where its headquarters can still be found.
Its companies produce transportation equipment, electrical components and other industrial components. It also produces tank cars, which are primarily used for transporting liquids via rail.
Founded in , MiTek Inc. It develops homebuilding methods that streamline the building process and make it more profitable and of higher quality. MiTek Inc. It operates in 95 countries around the world. NetJets sells fractional ownership shares in private business jets. Founded in , NetJets is based in Columbus, Ohio. NetJets has a unique business model; it became the first private business jet charter and aircraft management company in the world. Its fractional ownership business was launched in ; 12 years later, it was acquired by Berkshire Hathaway.
This article originally appeared on GOBankingRates. Inflation is at a year high. But these Mad Money megatrends could help you fight back. As of p. Tesla Inc. Rivian's debut in the public markets has investors buying up shares of other EV sector start-ups. The IRS makes inflation adjustments yearly, but this year they coincided with hot October inflation data. Let's go shopping. For most of the past two years, all the focus has been on the coronavirus, but these biotechs have big plans to develop inoculations against other diseases, too.
He exercised 2. Shares of several related stocks are ripping higher today, suggesting that investors are feeling especially bullish on the prospects of the EV industry. If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for EST Thursday. The worse news is that it seems 3D Systems has only itself to blame for the drop. AMD stock closed the day at an all-time high as investors cheered the news, which isn't surprising as the new business could significantly boost the chipmaker's growth in the long run.
Let's see why the adoption of AMD's server chips by Meta is going to be a big deal. Berkshire Hathaway. Warren Buffett. Top Stocks. Dividend Stocks. Actively scan device characteristics for identification. Use precise geolocation data. Select personalised content. Create a personalised content profile.
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