2 Buffett Stocks That Are Absurdly Cheap
When the markets get dicey, you could do a lot worse than follow the moves of the greatest investor of all time. Warren Buffett's investments in stocks and private businesses through Berkshire Hathaway have created tremendous wealth for shareholders. A $1,000 investment in the stock in 1965, when Buffett took control of the once-struggling textile manufacturer, would have been worth $36 million at the end of 2021.
At the end of March, Berkshire held a stock portfolio worth $390 billion. Keep in mind that some of the smaller positions in the portfolio, such as RH (NYSE: RH), were likely chosen by Buffett's investing deputies, Ted Weschler and Todd Combs. In Buffett's 2021 shareholder letter, he noted that Weschler and Combs had control over $34 billion of Berkshire's investments at year-end. The larger positions, including the most recent addition, HP (NYSE: HPQ), are typically from Buffett himself.
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Source Fool.com
