5 Warren Buffett Stocks He's Likely In for the Long Term

Warren Buffett has a clear investing mantra: He likes value, and he likes holding on for the long term. The tactic has worked out well. Since Buffett took the reins of Berkshire Hathaway (BRK.B) in 1964, through the end of 2018, his stock has delivered an annual return of 20.5% that more than doubled the Standard & Poor's 500-stock index.

Indeed, as the Oracle of Omaha famously told investors, his favorite investing period is "forever." This message reappeared in the hedge fund guru's most recent annual letter. In describing the fund's current portfolio of stocks, Buffett wrote, "In all likelihood, we will hold most of these stocks for a long time."

The 88-year old continued, "My expectation of more stock purchases is not a market call. Charlie and I have no idea as to how stocks will behave next week or next year. Predictions of that sort have never been a part of our activities. Our thinking, rather, is focused on calculating whether a portion of an attractive business is worth more than its market price."

That said, times change, and so do investing theses. Buffett has exited positions before, and will continue doing so when it makes sense - sometimes very quickly. For instance, in Oracle () during the

Вы читаете отрывок, зарегистрируйтесь, чтобы читать полное издание.

Другое от: Kiplinger

Kiplinger2 мин. чтенияComputers
5 Software Stocks That Analysts Love
The software industry is driving the digital transformation of our society and economy. At this point, software runs on almost every device we use. So it's no surprise that software stocks enjoyed huge gains in 2020, as the coronavirus pandemic force
Kiplinger2 мин. чтенияMedical
The Odds Say Long-Term Care May Be in Your Future: Are You Prepared?
Someday, as your body, your mind or both begin to fail you, you could require some form of long-term care, whether that means a home health aide, an assisted living facility or a nursing home. Yet, understanding the problem is not the same as prepari
Kiplinger2 мин. чтенияInvestments & Securities
Stock Market Today: Nasdaq's Plunge Overshadows Dow's Flirtation With 35K
The Dow Jones Industrial Average momentarily climbed over the 35,000 mark Monday for the first time in the industrial average's long history. But that accomplishment took second billing to the Nasdaq Composite's nastiest dip in a couple of months. "L