While most of this list is made up of growth stocks, this is the relatively boring value pick of the bunch. Berkshire Hathaway owns a collection of about 60 subsidiary businesses, including household names such as GEICO, Duracell, and Dairy Queen, just to name a few. Berkshire also owns a more than $300 billion portfolio of common stocks that includes a massive stake in Apple (NASDAQ:AAPL), and it holds shares in dozens of other companies, many of which were hand-selected by legendary investor Warren Buffett himself.
The Warren Buffett bears will say he has lost his fastball, but Berkshire continues to produce market-beating returns in most years despite its massive size. If Berkshire were a mutual fund, it would be the largest actively managed mutual fund in the world.
To be sure, Buffett won't be at the helm forever. But Berkshire is Buffett's legacy, and he's been stress-proofing it for years to make sure it's in solid shape long after he's no longer running things. Showing his faith, he and partner Charlie Munger have been buying back shares at a historic clip. That's a good signal for the rest of us.
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