Warren Buffett Is Wagering 72% of Berkshire Hathaway's $283 Billion of Invested Capital on These 7 Unstoppable Stocks
The Oracle of Omaha has concentrated a majority of Berkshire's invested assets in a handful of his best ideas.
There's probably not a money manager on Wall Street who garners as much attention as Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett. The appropriately named "Oracle of Omaha" has overseen a nearly 6,000,000% aggregate return in his company's Class A shares (BRK.A) through the closing bell on June 9. For the sake of comparison, the broad-based S&P 500's total return, including dividends, is a shade over 40,000% over the same 60-year timeline.
Despite Buffett being 94 years old and planning to step down as CEO by the end of the year, investors still eagerly follow his investing activity. Riding Buffett's coattails and mirroring his trading activity has been a profitable venture for decades.
But one of the most defining aspects of Warren Buffett's investment philosophy has been his penchant for portfolio concentration. Both Buffett and late right-hand man Charlie Munger believed in putting an outsized percentage of their company's invested assets to work in their best ideas.
