What stock broker does Warren Buffett use?
Sokol's remark in January that he had come to know Lubrizol by owning the stock." So he acted. So who is John Freund? For someone that's Warren Buffett's broker, he's got a pretty low online presence -- spare video interviews on being: Buffett's broker.
Over the decades, Buffett has refined a holistic approach to assessing a company—looking not just at earnings, but its overall health, its deficiencies as well as its strengths. He focuses more on a company's characteristics and less on its stock price, waiting to buy only when the cost seems reasonable.
Bank of America (BAC)
Currently, Buffett owns more than 1 billion shares of BAC stock, a stake that's valued at approximately $35 billion. This is Buffett's largest bank holding and one that he has held on to for a long time despite market swings.
Buffett's company Berkshire Hathaway (BRK. A, BRK.B) publicly discloses its top stock holdings quarterly, giving you a glimpse behind the curtain to see the stock portfolio of one of the world's greatest investors. Among the 45 stocks Berkshire Hathaway holds, the top 10 represent about 87% of the company's holdings.
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).
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.
"The first rule of an investment is don't lose [money]. And the second rule of an investment is don't forget the first rule. And that's all the rules there are." This quote from legendary billionaire investor Warren Buffett has become one of his most well-known aphorisms.
The majority of his financial assets are held by Cascade Investment LLC, an entity controlled by Gates to manage his investments. 3 Although Cascade is not a public company, some of its investment activity must be disclosed to the Securities and Exchange Commission (SEC).
- Bank of America (BAC), 1.03 billion.
- Apple (AAPL), 905.6 million.
- Coca-Cola (KO), 400 million.
- Kraft Heinz (KHC), 325.6 million.
- Occidental Petroleum (OXY), 248.1 million.
- American Express (AXP), 151.6 million.
- Chevron (CVX), 126.1 million.
- Nu Holdings (NU), 107.1 million.
It also boosted its stake in Bank of America by over 9%, and still counts the lender as its number-two holding after Apple. Buffett told CNBC that he's stuck with Bank of America because he got a "very decent deal" when he first invested in 2011, he likes CEO Brian Moynihan, and he simply didn't want to sell it.
What stocks is Warren Buffett buying in 2024?
These were the stocks Buffett had in his portfolio heading into 2024. Some top picks of Berkshire are Apple Inc. (NASDAQ:AAPL), Coca-Cola Co (NYSE:KO) and Chevron Corp (NYSE:CVX).
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% |
- 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)
Buffett's current vehicle, the 2014 Cadillac XTS that he has owned for approximately ten years, is a testament to his reputation for frugality.
- Best Stock Advisory.
- CapitalVia Global Research Limited.
- Research and Ranking.
- AGM Investment.
- HMA Trading.
Buffett's Two Lists is a productivity, prioritisation and focusing approach where you write down your top 25 goals; circle your 5 highest priorities; then focus on those 5 while 'avoiding at all costs' doing anything on the remaining 20.
Consider investing in an S&P 500 index fund
An S&P 500 index fund aims to mirror the performance of the S&P 500 index. Buffett's retirement strategy, known as the 90/10 strategy, involves allocating 90% of retirement funds to a low-cost S&P 500 index fund and the remaining 10% to low-risk short-term government bonds.
Key Takeaways:
The 100-minus-your-age long-term savings rule is designed to guard against investment risk in retirement. If you're 60, you should only have 40% of your retirement portfolio in stocks, with the rest in bonds, money market accounts and cash.
Things that don't depreciate in value are things that don't lose their qualities as time passes or things that actually increase in value with the passage of time. These include goodwill, luxurious items, high-quality art, gems, alcoholic beverages, and land.
When he goes down a track that doesn't make sense, he does not pay attention to anything, which is a weakness for a big business leader like him. His biggest weakness is greed. He loves money too much that it interfered with his relationship with his family for a long time.
What is Warren Buffett's most profitable company?
Berkshire Hathaway posted its highest-ever operating profit, of just over $10 billion, in the second quarter of 2023, the company disclosed in its earnings announced Saturday (Aug. 5).
- JP Morgan Private Bank. “J.P. Morgan Private Bank is known for its investment services, which makes them a great option for those with millionaire status,” Kullberg said. ...
- Bank of America Private Bank. ...
- Citi Private Bank. ...
- Chase Private Client.
Microsoft Corp (MSFT. O) co-founder Bill Gates' investment vehicle Cascade Investment LLC has become the largest shareholder in farm machinery maker Deere & Co (DE. N), with a 5% stake, according to a regulatory filing.
JPMorgan Chase Bank
New York-based JPMorgan Chase Bank tops the Federal Reserve's list of largest banks by consolidated assets owned at $3.40 trillion, of which $2.65 trillion represents assets owned domestically.
Stocks Warren Buffett recently bought or added
Berkshire has also disclosed some additional buying in the first quarter of 2024. The conglomerate bought more shares of two tracking stocks -- Liberty SiriusXM Series A (LSXMA 0.74%) and Liberty SiriusXM Series C (LSXMK 0.54%) -- and boosted its position in Occidental.
References
- https://qz.com/at-92-warren-buffett-has-led-berkshire-hathaway-to-its-1850712281
- https://www.japantimes.co.jp/news/2014/09/26/business/takashi-kotegawa/
- https://www.investors.com/research/warren-buffett-stocks/
- https://www.moneyshow.com/articles/tradingidea-60554/
- https://www.benzinga.com/money/how-to-start-an-llc-for-day-trading
- https://www.theinvestorspodcast.com/legend-investors-stock-portfolio/bill-gates-stock-portfolio/
- https://smartasset.com/taxes/how-day-traders-can-reduce-taxes
- https://www.investopedia.com/world-s-11-greatest-investors-4773356
- https://www.reddit.com/r/Daytrading/comments/1amkvpi/is_tom_hougaard_a_good_trader/
- https://www.nerdwallet.com/article/investing/3-day-trading-tax-tricks
- https://www.churchofjesuschrist.org/learn/gary-e-stevenson?lang=eng
- https://www.morningstar.com/stocks/how-invest-like-warren-buffett
- https://gitnux.org/day-trading-statistics/
- https://www.winvesta.in/blog/benjamin-grahams-seven-criteria-selecting-value-stocks
- https://www.binance.com/en-IN/square/post/1073115
- https://www.investopedia.com/articles/active-trading/053115/average-rate-return-day-traders.asp
- https://huntsman.usu.edu/alumni/alumnidirectory/stevenson_gary
- https://www.indmoney.com/articles/top-traders-in-india
- https://money.cnn.com/interactive/news/economy/how-us-trade-stacks-up/index.html
- https://www.composer.trade/learn/what-is-a-90-10-portfolio-strategy
- https://www.sltrib.com/news/mormon/2017/02/02/how-much-do-top-mormon-leaders-make-leaked-pay-stubs-may-surprise-you/
- https://money.usnews.com/investing/articles/top-nancy-pelosi-stocks-to-buy
- https://www.nerdwallet.com/article/investing/how-to-day-trade-safely
- https://turbotax.intuit.com/tax-tips/investments-and-taxes/day-trading-taxes-what-new-investors-should-consider/L9ToKa1qo
- https://trendspider.com/learning-center/whats-known-about-paul-tudor-jones-strategies/
- https://www.quora.com/Does-Warren-Buffett-really-have-the-same-lunch-every-day-If-so-what-is-it
- https://homework.study.com/explanation/what-are-the-things-that-don-t-depreciate-in-value.html
- https://greentradertax.com/trader-tax-center/trader-tax-status/how-to-qualify/
- https://www.quora.com/Is-it-possible-to-make-a-lot-of-money-from-penny-stocks-If-so-how-much-money-can-be-realistically-made-and-how-long-does-it-usually-take-to-earn-it
- https://modelthinkers.com/mental-model/buffetts-two-lists
- https://www.afr.com/work-and-careers/management/inside-warren-buffetts-daily-work-routine-from-645am-to-1045pm-20170906-gybn7t
- https://medium.com/@ehtisham678/can-day-trading-make-you-a-millionaire-heres-what-you-need-to-know-e45d898278aa
- https://www.fool.com/investing/how-to-invest/stocks/day-trading/
- https://poe.com/poeknowledge/1512928000358234
- https://www.fool.com/the-ascent/buying-stocks/articles/heres-how-billionaires-buy-stocks/
- https://www.linkedin.com/pulse/why-25000-minimum-day-trading-forex-trading-for-beginners2-dfjac
- https://www.ramseysolutions.com/retirement/what-is-day-trading
- https://www.investopedia.com/articles/trading/05/011705.asp
- https://www.forbes.com/advisor/investing/what-is-day-trading/
- https://www.amazon.in/Jesse-Livermore-World%E2%80%B2s-Greatest-Investment/dp/0471023264
- https://www.thechurchnews.com/2015/10/29/23222691/elder-gary-e-stevenson-apostle-2015/
- https://www.cbsnews.com/news/worlds-oldest-stockbroker-trading-strong-at-105/
- https://robinhood.com/support/articles/pattern-day-trading/
- https://themilitarywallet.com/best-careers-to-get-rich/
- https://prolificlondon.co.uk/gary-stevenson/
- https://www.dummies.com/article/business-careers-money/personal-finance/investing/day-trading/taxing-your-income-from-day-trading-200917/
- https://www.investopedia.com/terms/d/daytrader.asp
- https://www.efinancialcareers.com/news/gary-stevenson-citigroup
- https://www.dukascopy.com/swiss/english/marketwatch/articles/top-10-most-successful-forex-traders-in-the-world/
- https://money.usnews.com/money/retirement/articles/should-retirees-follow-the-100-minus-your-age-rule-for-stock-allocation
- https://quizlet.com/326235236/test-2-flash-cards/
- https://www.fool.com/investing/how-to-invest/famous-investors/warren-buffett-investments/stocks-owned/
- https://www.axiory.com/trading-resources/basics/best-stock-traders-ever
- https://www.cnet.com/personal-finance/banking/advice/the-biggest-banks-in-the-us/
- https://www.smallcase.com/learn/types-of-stock-market-trading/
- https://en.wikipedia.org/wiki/Warren_Buffett
- https://www.efinancialcareers.com/news/2023/08/best-bankers-in-the-world
- https://www.strike.money/stock-market/best-traders-in-history
- https://www.irs.gov/taxtopics/tc429
- https://www.finra.org/investors/investing/investment-products/stocks/day-trading
- https://www.fool.com/investing/how-to-invest/famous-investors/ray-dalio/
- https://skilling.com/eu/en/blog/trading-strategies/takashi-kotegawa/
- https://www.investopedia.com/financial-edge/0910/the-two-hour-a-day-trading-plan.aspx
- https://www.kotaksecurities.com/share-market/how-to-earn-1000-rs-per-day-in-the-share-market/
- https://www.investopedia.com/articles/financial-theory/11/6-lessons-top-6-investors.asp
- https://en.wikipedia.org/wiki/List_of_wealthiest_religious_organizations
- https://www.nbcnews.com/nbc-out/out-politics-and-policy/utah-billionaire-leaves-mormon-church-donates-600k-lgbtq-group-rcna9523
- https://www.thechurchnews.com/general-conference/2024/04/07/elder-gary-e-stevenson-april-2024-general-conference-bridging-the-two-great-commandments/
- https://www.e-futures.com/blog/best-futures-traders/
- https://finance.yahoo.com/news/warren-buffetts-berkshire-hathaway-sitting-164126871.html
- https://www.churchofjesuschrist.org/study/general-conference/2016/04/where-are-the-keys-and-authority-of-the-priesthood?lang=eng
- https://www.linkedin.com/pulse/top-5-trusted-stock-market-advisors-india-mohit-sharma-u2omf
- https://finance.yahoo.com/news/warren-buffett-3-top-bank-140007141.html
- https://en.wikipedia.org/wiki/Ulisses_Soares
- https://www.keepertax.com/tax-write-offs/trader
- https://www.beefmagazine.com/market-news/bill-gates-is-john-deere-s-largest-shareholder
- https://www.datasciencesociety.net/what-proportion-of-day-traders-find-themselves-profitable/
- https://poole.ncsu.edu/thought-leadership/article/robinhood-and-the-rise-of-day-trading-what-does-it-mean-on-your-income-taxes/
- https://www.investopedia.com/terms/g/soros.asp
- https://tradethatswing.com/the-day-trading-success-rate-the-real-answer-and-statistics/
- https://www.linkedin.com/pulse/what-type-trading-should-beginner-start-prince-john-paul-rpige
- https://www.timothysykes.com/blog/the-day-trader-who-turned-13600-into-153-million/
- https://www.fool.com/research/largest-companies-by-market-cap/
- https://www.newtraderu.com/2024/01/09/current-warren-buffett-car-2024-what-car-does-this-billionaire-own/
- https://liquidity-provider.com/articles/is-day-trading-gambling-most-likely-yes/
- https://tradethatswing.com/how-long-it-takes-to-make-money-day-trading-or-swing-trading-consistently/
- https://www.quora.com/Was-George-Soros-trading-in-a-forex-broker-or-was-he-his-own-broker
- https://www.paladinregistry.com/blog/retirement/warren-buffetts-saving-and-investing-tips-for-retirees/
- https://www.linkedin.com/pulse/what-most-profitable-form-trading-best-trader-cau2c
- https://www.efinancialcareers.com/news/gary-stevenson-garys-economics
- https://steemit.com/finance/@tradergurl/the-90-90-90-rule
- https://bullishbears.com/how-much-do-day-traders-make/
- https://www.linkedin.com/pulse/how-get-unlimited-day-trades-robinhood-tebid-kelly
- https://www.investopedia.com/articles/personal-finance/111214/where-does-bill-gates-keep-his-money.asp
- https://www.ziprecruiter.com/Salaries/Day-Trader-Salary
- https://www.investopedia.com/articles/active-trading/041515/worlds-10-most-famous-traders-all-time.asp
- https://finance.yahoo.com/news/warren-buffett-dumped-several-banks-174500859.html
- https://www.ironfx.com/en/is-there-a-100-winning-strategy-in-forex/
- https://www.usatoday.com/money/blueprint/investing/warren-buffett-berkshire-hathaway-portfolio/
- https://en.wikipedia.org/wiki/Gary_Stevenson_(economist)
- https://finance.yahoo.com/news/4-most-popular-banks-millionaires-150054420.html
- https://warrenbuffettbookreport.weebly.com/weaknessesdownfalls.html
- https://m.economictimes.com/news/international/business/how-warren-buffett-privately-traded-in-stocks-that-berkshire-hathaway-was-buying-and-selling/articleshow/105318453.cms
- https://www.investopedia.com/financial-edge/0411/the-6-highest-paid-people-on-wall-street.aspx
- https://www.portebrown.com/newsblog-archive/trader-status-offers-significant-tax-benefits
- https://obamawhitehouse.archives.gov/sites/default/files/Buffett_Rule_Report_Final.pdf
- https://news-pacific.churchofjesuschrist.org/article/apostle-gary-e-stevenson
- https://www.investopedia.com/articles/investing/120913/george-investing-soros-way.asp
- https://finance.yahoo.com/news/warren-buffett-2024-portfolio-top-124751777.html
- https://www.poems.com.sg/glossary/trading-terms/trade-sizing/
- https://www.warriortrading.com/how-to-make-a-living-day-trading/
- https://www.warriortrading.com/how-much-money-do-you-need-to-day-trade/
- https://finance.yahoo.com/news/warren-buffetts-no-1-investing-132715262.html
- https://www.timothysykes.com/blog/how-to-day-trade-without-25k/
- https://news-uk.churchofjesuschrist.org/article/elder-gary-e-stevenson
- https://bigthink.com/sponsored/day-trading-reality/
- https://taxscouts.com/investor-capital-gains-tax-returns/how-is-a-pattern-day-trader-taxed/
- https://www.kiplinger.com/investing/stocks/warren-buffett-stocks-berkshire-hathaway-portfolio
- https://www.reddit.com/r/Trading/comments/1azp5ui/are_there_any_billionaire_traders/
- https://www.investopedia.com/articles/forex/08/greatest-currency-trades.asp