“The latest secret of the stock god! Why did Buffett spend 120 billion betting on these two 'mystery stocks'?”
Berkshire Hathaway's latest investment portfolio reveals Buffett's deep trust in the technology and finance sectors. According to data disclosed by the U.S. Securities and Exchange Commission (SEC), 40.1% of the company's approximately $300 billion investment is concentrated in Apple and American Express.
Since first establishing a position in 2016, Apple has become Berkshire's largest single holding. Despite some reduction in 2024, the tech giant still firmly occupies the throne of Berkshire's investments due to its ecosystem, stable profitability, and market dominance.
In comparison to Apple, American Express is a more time-tested cornerstone asset in Berkshire's portfolio, having been in focus since the 1990s. In the context of bank stocks (including JPMorgan Chase, Wells Fargo, and Bank of America), American Express maintains its position as the second largest holding due to its brand value, customer loyalty, and profitability.
Cash reserves and prudent positioning: voluntarily preparing for future market strength
Buffett's risk awareness is evident in Berkshire's astonishing cash reserves. As of the latest financial report, the company's cash reserves have increased to $325 billion, double that of the end of 2023, fully reflecting the strategy of “holding dry powder and waiting for the right moment.”
In addition to Apple and American Express, Berkshire's portfolio also includes Bank of America ($35 billion, accounting for 11.7%), Coca-Cola, Chevron, Occidental Petroleum, Moody's, and Kraft. This belief-driven layout not only demonstrates Buffett's persistence but also highlights his firm belief in core assets.
In the world of investments, the 'stock god' Buffett always has his unique insights: simple, prudent, yet always prepared for the future. Follow Mr. Qiu, and let him help you understand the simple logic in a complex market, bringing you one step closer to wealth!