80% of Warren Buffett's Portfolio Is Invested in These 7 Stocks as 2023 Begins
You've probably heard of the 80-20 rule. It's also known as the Pareto principle. The idea is that roughly 80% of outcomes are generated by around 20% of causes. This 80-20 rule applies in a surprisingly large number of scenarios. As a case in point, look at where Warren Buffett and his team have invested Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) money.
Berkshire has stakes in 47 companies. (There are actually 50 stocks, though, because some of the companies have multiple categories or series of shares.) The Pareto principle percentages don't apply exactly to Berkshire's investments, but they're really close. Eighty percent of Buffett's portfolio is invested in these seven stocks as 2023 begins.
Apple (NASDAQ: AAPL) ranks by far as the largest holding for Buffett, making up 36.8% of Berkshire's total portfolio (including shares owned by Berkshire's New England Asset Management subsidiary). The stock fell sharply in 2022. Don't be surprised if Buffett adds even more to his position in Apple with the tech giant trading at a discount.
Source Fool.com
