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3 Buffett Stocks to Avoid Like the Plague in 2022


Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett is one of the world's greatest investors. In less than 70 years, he turned a seed investment of around $10,000 into a net worth of $116 billion, as of mid-January. Mind you, this $116 billion figure doesn't account for the tens of billions of dollars the Oracle of Omaha has given away to charity over the years.

Buffett has also handsomely rewarded his shareholders. Between Dec. 31, 1964 and Dec. 31, 2021, he oversaw the creation of more than $600 billion in market value and led Berkshire's Class A shares (BRK.A) to aggregate gains in excess of 3,600,000%!

Buffett's a great investor, but he's not infallible. Even the best investors will be wrong from time to time. Of the more than three-dozen securities Berkshire Hathaway owns in its $350 billion investment portfolio, three stand out as wholly avoidable in 2022.

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Source Fool.com

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