Warren Edward Buffett is undoubtedly one of the most successful investors of all time. According to Forbes, Buffett has compounded his wealth at such a high rate that he is currently the world’s fifth-wealthiest person with a net worth of over $107 billion. He is the chairman and CEO of Berkshire Hathaway (BRK.A) (BRK.B), a diversified holding company.
Warren Buffett follows a value investing strategy. His company, Berkshire Hathaway, aims to “buy ably-managed businesses” possessing various characteristics, such as enduring competitive advantage, at extremely low prices.
Due to an impressive track record, Buffett’s investment portfolio has been a guide for investors for decades. Over the past year, BRK.A has gained 3.4%, while the S&P 500 index has declined 20.3%. Moreover, over the past six months, BRK.A has gained 13.5%, outpacing the S&P 500’s marginal gains.
Since the stock market is expected to remain under immense pressure due to the Fed’s hawkish stance, ongoing geopolitical turbulence, and growing recessionary fears, it might be wise to invest in top Warren Buffett holdings to garner high returns in the long run.
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