Warren Buffet Investment Portfolio Through The Last 50 Years

In 2014 Berkshire Hathaway Inc. celebrated fifty years in the market. On that occasion Warren Buffet made some observations regarding his company’s performance through the years. There have great gains and great losses but no one can discount his long innings in the stock market. His career has usually been looked at with awe. For a man who lives and spends modestly the only extravagance seems to be his company’s performance. It has withstood many business cycles and world changing events with an almost steady keel. It makes perfect sense then to observe the Warren Buffet investment portfolio. This is the man who counts Benjamin Graham (the pioneer of value investing and author of The Intelligent Investor) as his teacher.

Berkshire’s per-share book value has increased to $146, 186 in 2014 from $19. In 2017 March it stands at $118.72. In Dec 2016 it stood at $114.74.

Berkshire has always compared the S&P 500 to it’s own per share book value as a tracking mechanism. In its earlier years of operation both its intrinsic value and book value were quite close. Over the years though Berkshire has acquired and operated businesses whose value outweighs a pure cost-based carrying value. This had led to a widening of the book value versus intrinsic value.

Warren Buffet Investment Portfolio

Early on Buffet made some strange and not very wise decisions like investing in the mills of New England…Berkshire being one of them. He acquired them when most of the mills were closing down. Soon enough they did start shutting down. Buffet’s logic was that these companies had one last – kick to offer, not unlike the last nicotine puff of a cigar. He quickly realized this strategy might earn him short- term gains but not long-term ones. It was here his long-term partner Charlie Munger stepped in to undertake course correction. His advice which helped Buffet build his profitable business was “Forget what you know about buying fair businesses at wonderful prices; instead buy wonderful businesses at fair prices.”

Warren Buffet Investment Portfolio

Berkshire Hathaway has invested in several companies. Some of them include Applied Underwriters, BoatUS, Brooks Sports, The Buffalo News, Business Wire, Clayton Homes, Dairy Queen, Duracell, Forest River, Helzberg Diamonds, Jordan Furniture, Lubrizol, The Pampered Chef, See Candies and Star Furnitures.

They also hold minority holdings in Wal-Mart stores, UPS, Visa, Verizon, Mastercard, Kinder Morgan, Goldman Sachs, IBM, Delta Airlines, Apple to name a few.

Buffet firmly believes in American companies and he has strong faith in the American economy.  He also strongly believes in the concept of intrinsic value. He hopes Berkshire will continue to build intrinsic value by:

  1. Improving the earning power of it’s subsidiaries
  2. Increasing earning through bolt-on acquisitions
  3. Benefit from the growth of investees
  4. Repurchasing Berkshire shares when available at reasonable prices
  5. Making a few large acquisitions that will add value to Berkshire

Berkshire has made wise investments in car, home, computer, credit card, insurance, retail, banking industries –all of whom are required at all times by the public.

According to Buffet, in 2014 Berkshire’s pre-share investments increased 8.4% to  $140,123 and non-insurance, non-investment earnings increased to 19% to  $10,847 per share.  Since 1970 pre-share investments have increased at a rate of 19% annually and earnings at 20.6%.

Buffet sees himself operating in 4 key areas and assesses each separately. Therefore, Warren Buffet Investment Portfolio primarily consists of these four sectors.

Insurance

This sector has helped Berkshire grow continuously from the 60’s with their investments in National Indemnity and National Fire & Marine.

Regulated Capital Intensive Businesse

Berkshire has invested in BNSF, a utilities company and Berkshire Hathaway Energy Company. These companies are both characterized by earnings that will cover their interest payments even in the worst of economic conditions.

Finance and Financial Products

Warren Buffet Investment Portfolio (Berkshire Hathaway) has shares in the largest home builder in America, Clayton Homes. Given below is a snapshot of companies that Berkshire has in Finance and financial products.

Investments

A snapshot of the 15 common stock investments (from Warren Buffet Investment Portfolio) with the highest yield at Berkshire Hathaway is given below.

What Warren Buffet Says About His Portfolio

Buffet looks on his investing history of 5o years and has this to share.

“The unconventional, but inescapable conclusion to be drawn in the past fifty years is that it has been safer to invest in a diversified collection of American Businesses than to invest in securities – Treasuries for example – whose values have been tied to American currency. This was also true in the preceding half-century, the period including The Great depression and two world wars. Investors should heed this history. To one degree or another it is almost certain to be repeated during the next century.”

He continues:

“Stock prices will always be far more volatile than cash-equivalent holdings. Over the long term, however, currency –denominated instruments are riskier investments-far riskier investments-than widely-diversified stock portfolios that are bought over time and that are owned in a manner invoking only token fees and commissions. That lesson has not customarily been taught in business schools, where volatility is almost universally used as a proxy for risk. Though this pedagogic assumption makes for easy teaching, it is dead wrong: Volatility is far from synonymous with risk. Popular formulas that equate the two terms lead students, investors and CEO’S astray.”

Conclusion

Buffet and his team have followed a consistent strategy of maintaining a diversified portfolio in sound businesses with good financials. Of course there have been some misses but by and large he has done good by his investors.

Buffet has often been chastised by his Vice-Chairman Charlie Munger for the times he has indulged in thumb-sucking – a metaphor for sitting without taking decisions investment-wise. Despite this, Buffet has managed to pull out some aces, work steadily and strongly to generate wealth for his investors every year.

Verelq News |
29.03.2024

شرط بندی پرسپولیس شرط بندی استقلال شرط بندی روی تراکتورسازی تبریز شرط بندی روی سپاهان شرط بندی رئال مادرید بارسلونا شرط بندی شرط بندی psg سایت شرط بندی جام جهانی شرط بندی جام جهانی 2026 سایت شرط بندی جام جهانی 2026 بازی انفجار رایگان سایت انفجار ضریب بالا بهترین سایت شرط بندی فارسی شرط بندی بدون فیلتر شرط بندی بازی رولت شرط بندی پوکر شرط بندی مونتی شرط بندی سنگ کاغذ قیچی شرط بندی بلک جک کرش رویال بت پاسور شرط شرط بندی تخته نرد آنلاین انفجار 2 بت شرط بندی بازی اسلات شرط بندی بازی پوپ سایت سامان بت ریور پوکر 2024 سایت 4030bet ورود به بازی انفجار دنس بت شرط بندی انفجار دنس آموزش بازی پوکر سایت شرط بندی 123 بهترین شرط بندی بهترین سایت شرط بندی انفجار اپلیکیشن بازی انفجار دانلود بازی انفجار انفجار بازی ربات بازی انفجار کازینو آنلاین ایرانی انفجار پولساز ورود به بازی انفجار بازی انفجار با شارژ 10 تومن سایت bet betyek وان ایکس برو آدرس سایت بت یک سایت دوست دختر اونلی فنز فارسی پیدا کردن دوست دختر ورود به ریور پوکر پدرام مختاری پویان مختاری نازنین همدانی مونتیگو داوود هزینه بیوگرافی آیسان اسلامی بیوگرافی دنیا جهانبخت سایت رسمی حسین تهی بیوگرافی کوروش وانتونز سایت آرتا وانتونز رها وانتونز بیوگرافی ربکا قادری سحر قریشی بیوگرافی تتلو بیوگرافی مهدی طارمی الناز شاکردوست سایت عادل فردوسی پور بیوگرافی نیلی افشار بیوگرافی محمدرضا گلزار سایت armin2afm بیوگرافی شادمهر عقیلی بیوگرافی سردارآزمون بیوگرافی علیرضا بیرانوند بیوگرافی رامین رضاییان وریا غفوری بیوگرافی علی دایی بیوگرافی پوریا پوتک مدگل سایت حصین بیوگرافی صدف طاهریان فرشاد سایلنت بیوگرافی آریا کئوکسر بیوگرافی sogang بیوگرافی میا پلیز بیوگرافی مهراد هیدن سایت رسمی سهراب ام جی بیوگرافی علیرضا جی جی بیوگرافی بهزاد لیتو اشکان فدایی بیوگرافی رضا پیشرو بیوگرافی گلشیفته بیوگرافی هیپ هاپولوژیست بیوگرافی سارن بیوگرافی آدام مرادی بیوگرافی محمد هلاکویی بیوگرافی علی حسنی سایت رسمی علی حسنی بیوگرافی ساسی خواننده بیوگرافی ابی باربد معصومی حسینی فایننس بیوگرافی امیرحسین نام آور بیوگرافی امین فردین بیوگرافی فرزاد وجیهی سایت سیب بت سایت jetbet آدرس جدید بت فوروارد وان ایکس بت سایت abt90 بازی انفجار سایت شرط بندی فاز بت بهترین سایت شرط بندی انفجار ورود به آلپاری آلپاری فارکس آدرس بروکر آلپاری بدون فیلتر ثبت نام در بروکر آلپاری فارسی صرافی کوکوین ربات فارکس بهترین سایت تتر

bandar alexistogel

alexistogel toto online

alexistogel livedraw hongkong

login alexistogel

alexistogel agen slot

Alexistogel Toto Macau

alexistogel

alexistogel macau

Alexistogel macau

alexistogel terpercaya

bandar togel hongkong

alexistogel slot online

Togel Hongkong

toto macau online

bandar toto macau

alexis togel macau

alexistogel slot

alexistogel gacor

alexistogel online

slot alexistogel

alexistogel slot

link alexistogel

bandar alexistogel

alexistogel link

alexistogel online

situs alexistogel

alexistogel toto

alexistogel casino

slot alexistogel

alexistogel bandar togel

link alternatif alexistogel

alexistogel bandar slot

alexistogel login

rtp alexistogel

alexistogel toto macau

alexistogel slot

alexistogel online

alexistogel daftar

alexistogel slot

alexistogel link alternatif

alexistogel bandar gacor

alexistogel terpercaya

Alexistogel Login

alexistogel

alexistogel slot dana

alexistogel bandar togel

alexistogel situs

alexistogel rtp

alexistogel slot

alexistogel daftar

alexistogel

alexistogel slot

alexistogel

alexistogel

alexistogel gacor

link alternatif alexistogel

alexistogel

alexistogel slot

alexistogel

alexistogel

Slot Online Alexistogel

link alternatif alexistogel

Alexistogel Login

slot online gacor

Hoki88 Slot Online

slot online gacor

slot online

slot online dana

slot gampang menang

slot88 online

bandar togel macau

bandar toto macau

togel sydney

Agen Slot Gacor

RTP Slot Online

slot online

Slot Online Gacor

slot gacor pg soft

situs slot online

bandar slot gacor

slot online resmi

bandar togel online

RTP LIVE

Bandar Toto Macau

Situs Slot Gacor

bandarbola855 resmi

bandarbola855 gacor

bandarbola855 slot

link bandarbola855

bandarbola855 bola slot

bandarbola855 rtp

bandarbola855 slot online

bandarbola855 link

bandarbola855 bandar

bandarbola855 slot terpercaya

bandarbola855

bandarbola855 slot

bandarbola855 terpercaya

bandarbola855 online

slot bandarbola855

bandarbola855 slot

bandarbola855 daftar

bandarbola855 link

bandarbola855

bandarbola855

bandarbola855

bandarbola855 slot

bandarbola855

iosbet

iosbet

link iosbet

slot online iosbet

iosbet link login

slot iosbet

iosbet gacor

iosbet slot

iosbet

slot iosbet

agen iosbet

bandar iosbet

iosbet

iosbet link

bandar iosbet gacor

liatogel

bandar liatogel

login liatogel

live draw hk liatogel

liatogel slot online gacor

liatogel totomacau

liatogel link

slot gacor

daftar slot online

bandar slot dana

slot ovo

slot gopay