Di­ver­sity in One Stock

The Saratogian (Saratoga, NY) - - BUSINESS -

If you’re look­ing to build a solid foundation for your port­fo­lio, con­sider shares of Berk­shire Hath­away (NYSE: BRK-A) (NYSE: BRK-B), the con­glom­er­ate led by leg­endary in­vestor Warren Buf­fett.

Berk­shire’s core busi­ness is in­sur­ance, which it pro­vides through its wholly owned GEICO sub­sidiary and some huge rein­sur­ance op­er­a­tions. In ad­di­tion, Berk­shire owns dozens of other busi­nesses, in­clud­ing fa­mil­iar names such as Ben­jamin Moore, Du­ra­cell, Fruit of the Loom, Pam­pered Chef, Dairy Queen, For­est River, Busi­ness Wire, Justin Brands, BNSF Rail­way and many oth­ers.

Berk­shire op­er­ates in a wide va­ri­ety of busi­nesses, such as en­ergy, jew­elry, fur­ni­ture, auto deal­er­ships, real es­tate bro­ker­ages and pri­vate jets. With many bil­lions of dol­lars in cash, Buf­fett is al­ways look­ing for new and lu­cra­tive ac­qui­si­tions.

In ad­di­tion to its sub­sidiaries, Berk­shire also owns a mas­sive stock port­fo­lio worth more than $200 bil­lion. It con­tains over 40 dif­fer­ent stock po­si­tions, in­clud­ing Ap­ple, Bank of Amer­ica, Wells Fargo, Coca-Cola and Amer­i­can Express.

In short, Berk­shire of­fers a di­verse in­vest­ment port­fo­lio, much of it hand-se­lected by the great­est in­vestor of all time — all in a sin­gle stock. The company is also focused on re­ward­ing share­hold­ers through growth. (The Mot­ley Fool owns shares of and has rec­om­mended Berk­shire Hath­away.)

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.