Published on 22 Mar 2024 on Motley Fool via Yahoo Finance
44% of Warren Buffett's $366 Billion Portfolio Is Invested in 3 Widely Owned Artificial Intelligence...
For the better part of six decades, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has been putting on a show for Wall Street and the investing community. Despite being fallible just like every other investor, the "Oracle of Omaha," as he's affably known, has overseen a monstrous aggregate gain in his company's Class A shares (BRK.A) of 4,995,105%, as of the closing bell on March 15.
Extensive books have been written detailing the "recipe" Buffett has used to vastly outperform the benchmark S&P 500. Typically, this means seeking out brand-name businesses with sustainable competitive advantages and trusted management teams.
