What Brokers does Warren Buffett use?
Meet John Freund: Warren Buffett's Broker Of 30 Years And The Citi Banker Who Alerted Him To Sokol's Deception.
No, Warren Buffett, the renowned investor and Chairman and CEO of Berkshire Hathaway, does not personally use a traditional broker for his investments. He has a different approach to investing.
Key Points. Warren Buffett made his fortune by investing in individual companies with great long-term advantages. But his top recommendation for anyone is to buy a simple index fund. Buffett's recommendation underscores the importance of diversification.
He owns a small bit of each in his portfolio for Berkshire, too. The two investments held in Berkshire Hathaway's portfolio that Buffett recommends more than anything else are two S&P 500 index funds. The SPDR S&P 500 ETF Trust (NYSEMKT: SPY) and the Vanguard S&P 500 ETF (NYSEMKT: VOO).
Bank of America Corp (BAC)
At the end of March 2023, Buffett's company owns 1.01 billion shares, a value of about $33.45 billion. Buffett became a major investor in Bank of America when he bought $5 billion of shares during the 2011 debt-ceiling crisis.
Buffett is seen by some as the best stock-picker in history and his investment philosophies have influenced countless other investors. One of his most famous sayings is "Rule No. 1: Never lose money.
A classic Buffett quote indicates that he is no fan of day trading: “If you aren't willing to own a stock for 10 years, don't even think about owning it for 10 minutes.” This emphasis on holding a position for the long term means a very low level of trading activity.
- Palo Alto Networks Inc. (ticker: PANW)
- Nvidia Corp. (NVDA)
- Apple Inc. (AAPL)
- Microsoft Corp. (MSFT)
- Alphabet Inc. (GOOG)
- Tesla Inc. (TSLA)
- AllianceBernstein Holding LP (AB)
- Walt Disney Co. (DIS)
Although old-guard favorites such as American Express (AXP) and Coca-Cola (KO) still form the core of the portfolio, Buffett & Co. have taken a shine to names such as Apple (AAPL) and Amazon.com (AMZN), and even to lesser-known firms such as Snowflake (SNOW) and Nu Holdings (NU).
- Never lose money. ...
- Never invest in businesses you cannot understand. ...
- Our favorite holding period is forever. ...
- Never invest with borrowed money. ...
- Be fearful when others are greedy.
Which ETF does Warren Buffett own?
Warren Buffett's Berkshire Owns 2 ETFs: SPY and VOO.
| Ticker | Company | % Portfolio |
|---|---|---|
| MSFT | Microsoft Corp. | 33.98% |
| BRK.B | Berkshire Hathaway Inc. | 16.80% |
| CNI | Canadian National Railway Co. | 16.29% |
| WM | Waste Management Inc. | 14.92% |
The report suggests that Buffett's company did not buy many stocks last quarter, adding no new names and increasing its stake in only three companies. However, Berkshire does have two ETFs listed on the 13F. The SPDR S&P 500 ETF Trust, ticker SPY, and the Vanguard S&P 500 ETF, ticker VOO.
Simplicity has been at the center of Buffett's strategy for decades. With Berkshire holding a record $168 billion of cash and short-term investments on its balance sheet, investors must surely be wondering what Buffett is thinking.
Here are 10 Stocks Berkshire Hathaway Could Buy Outright. Warren Buffett purchased textiles company Berkshire Hathaway (NYSE: BRK.
In fact, Buffett took out a 30-year mortgage in 1971 when he bought a vacation home in Laguna Beach, California.
Warren Buffet's 2013 letter explains the 90/10 rule—put 90% of assets in S&P 500 index funds and the other 10% in short-term government bonds.
A 70/30 portfolio is an investment portfolio where 70% of investment capital is allocated to stocks and 30% to fixed-income securities, primarily bonds.
“The first rule of investment is don't lose. The second rule of investment is don't forget the first rule.” Buffett famously said the above in a television interview.
- Apple (AAPL).
- Bank of America (BAC).
- American Express Co. (AXP).
- Coca-Cola Co. (KO).
- Chevron (CVX).
- Occidental Petroleum (OXY).
- Kraft Heinz (KHC).
- Moody's Corp. (MCO).
How many hours Warren Buffet work a day?
Warren Buffett turned 87 last week. By now, it's probably safe to say Berkshire Hathaway's chairman, who's said he has the diet of a 6-year-old and has no interest in getting to work before dawn, has settled on his optimal daily routine.
Warren Buffett says the secret to his success is simple: "I just sit in my office and read all day."
| Stock | Politician | Traded |
|---|---|---|
| FMAO Farmers & Merchants Bancorp, Inc. | Robert E. Latta R House | Apr 20, 2024 |
| NEE Nextera Energy | Smith, Tina D Senate | Apr 4, 2024 |
| PODD Insulet Corporation - Common Stock | Smith, Tina D Senate | Apr 4, 2024 |
| VZ Verizon Communications Inc | King, Angus I Senate | Mar 7, 2024 |
- William Delbert Gann. ...
- Paul Tudor Jones. ...
- Jim Rogers. ...
- Richard Dennis. ...
- John Paulson. ...
- Steven Cohen. ...
- David Tepper. ...
- Nick Leeson. Notorious for bankrupting Barings Bank, Nick Leeson was born in 1967.
| Stock | Q4 change in shares | Change |
|---|---|---|
| D.R. Horton Inc. (DHI) | -5,969,714 | Sold all |
| Paramount Global (PARA) | -30,408,484 | -32.4% |
| Markel Group Inc. (MKL) | -158,715 | Sold all |
| SiriusXM Holdings Inc. (SIRI) | +30,559,834 | +315.6% |
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