35.2% of Warren Buffett's $281 Billion Portfolio Is Invested in 3 Artificial Intelligence (AI) Stocks
Warren Buffett is the CEO of the Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) holding company, where he oversees a $281 billion portfolio of publicly traded stocks and securities, in addition to several privately held subsidiaries. Berkshire is also sitting on a record $334 billion in cash, which Buffett and his team can deploy when they spot new opportunities. Had you invested $1,000 in Berkshire stock when Buffett took the helm in 1965, it would be worth an eye-popping $44.7 million today. The same investment in the S&P 500 would have grown to just $342,906 over the same period, which highlights Buffett's spectacular ability to pick stocks. Buffett is a long-term value investor who often holds stocks for decades, so you won't find him chasing the latest market trends, not even those as powerful as artificial intelligence (AI). However, at least three existing holdings in Berkshire's portfolio are using AI to enhance their legacy businesses.Continue reading
Warren Buffett is the CEO of the Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) holding company, where he oversees a $281 billion portfolio of publicly traded stocks and securities, in addition to several privately held subsidiaries. Berkshire is also sitting on a record $334 billion in cash, which Buffett and his team can deploy when they spot new opportunities.
Had you invested $1,000 in Berkshire stock when Buffett took the helm in 1965, it would be worth an eye-popping $44.7 million today. The same investment in the S&P 500 would have grown to just $342,906 over the same period, which highlights Buffett's spectacular ability to pick stocks.
Buffett is a long-term value investor who often holds stocks for decades, so you won't find him chasing the latest market trends, not even those as powerful as artificial intelligence (AI). However, at least three existing holdings in Berkshire's portfolio are using AI to enhance their legacy businesses.
