This has been quite a year for Berkshire Hathaway and CEO Warren Buffett. The conglomerate just disclosed its investments in other companies as of the end of the third quarter, and one name — and one industry — stands out.
In its 13F filing with the the Securities and Exchange Commission on Nov. 14, Berkshire disclosed investments in 50 stocks as of Sept. 30 with a combined market value of $296.1 billion.Click on the tickers for more about each company. Read Tomi Kilgore’s detailed guide to the wealth of information for free on the MarketWatch quote page.
— Berkshire Hathaway CEO Warren Buffett in his 1986 annual letter to shareholders. Semiconductor stocks tumbled as investors perceived the group had entered a down cycle. The iShares Semiconductor ETF hit its 2022 closing low on Oct. 14 when it was down 44% for the year, before rising 25% through Nov. 14.
It appears Buffett’s timing was excellent, following a part of the long-term strategy he discussed in his annual letter to shareholders that was included with Berkshire’s 1986 annual report. Buffett explained that market disruptions were unpredictable. Other stocks Berkshire added to, sold or trimmed During the third quarter, Berkshire added to its holdings of the following stocks. They are sorted by the market value of the holdings as of Sept. 30:
Berkshire’s five-year total return has been slightly higher than that of the S&P 500. Maybe your first reaction is that this performance is nothing to get excited about.
Warren Buffett also bought a shit ton of $HPE and $C Hows that going?
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: MarketWatch - 🏆 3. / 97 Read more »