68% of Greg Abel's Berkshire Hathaway Portfolio Is Invested in Just 5 Stocks. Here's My Favorite of the Bunch.
Of Berkshire Hathaway's five biggest stock holdings, one company stands above the rest thanks to a powerful business model that's built to compound for decades.
Overview
Warren Buffett spent decades preaching that a handful of great businesses beats a basket of mediocre ones, and his successor is running the same play. Under new CEO Greg Abel, Berkshire Hathaway has slimmed its stock portfolio down to fewer names, and roughly 68% of it now sits in just five companies.
Those five are Apple, American Express (NYSE: AXP), Coca-Cola, Bank of America, and Chevron. Each is a wonderful business, but one stands out to me above the rest.
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Originally published at www.fool.com.
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