3 Buffett Stocks to Put on the Naughty List
Berkshire Hathaway (NYSE: BRK-A)(NYSE: BRK-B) CEO Warren Buffett has a knack for picking winners, which is why he's arguably the most-followed Wall Street investor. Having beat the market more often than not, Buffett has seen his net worth grow by $89 billion over the past 65 years, all while creating in excess of $400 billion in value for Berkshire's shareholders.
But one thing Buffett is not is perfect -- which is perfectly OK, because no investors are perfect. For example, Buffett's decision to buy stodgy tech stock IBM proved less than fruitful for investors, while his investment in U.K.-based grocer Tesco ultimately backfired. Buffett also misfired by selling off stock in Walt Disney far earlier than he should have, which has cost the Oracle of Omaha at least $16 billion in would-be capital gains.
At the moment, a vast majority of the 48 securities held in Berkshire Hathaway's portfolio have the hallmark of being winning stocks. Yet, there are three that should be placed on the naughty list as we head into 2020.
Source Fool.com
