87% of Warren Buffett's Portfolio Is in These 3 Sectors
Warren Buffett's investing credentials speak for themselves. Between the mid-1950s and October 2019, Buffett took roughly $10,000 in seed capital and turned it into a net worth of about $80 billion, all while generating in excess of $400 billion in value for investors who've purchased Berkshire Hathaway (NYSE: BRK-A)(NYSE: BRK-B) stock. There's a very good reason Buffett is often referred to as the Oracle of Omaha.
But one of the more interesting aspects of Buffett's investing style is that he isn't particularly diversified. Buffett has always approached investing with the mind-set that he would study the ins and outs of a handful of industries and sectors, then buy companies in those niches. As his investing history suggests, he's done quite well.
A quick glance at Buffett's investment portfolio shows that a little more than 87% of the $211 billion in stock holdings via Berkshire Hathaway (as of Wednesday, Oct. 9) can be attributed to just three sectors of the market.
Source Fool.com
