Half of Warren Buffett's Top Stocks Lost Money in 2023. Here's Why It Doesn't Matter.
Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett is fairly regarded as the greatest investor of all time. He's built his Berkshire Hathaway conglomerate into one of the most valuable companies in the world, worth nearly $1 trillion, and he's done that almost entirely through his investing acumen, buying companies with sustainable competitive advantages and investing in stocks that have outperformed over the long term. In other words, Berkshire's path to success has been different from most companies that make their own products or peddle their own services.
Naturally, investors follow his moves closely, and it's easy to track Berkshire's stock purchases and sales holdings through SEC filings. When those disclosures reveal that Buffett has recently bought a stock, shares often go up as investors follow his lead, and they often interpret Berkshire's investment in a company as a stamp of approval from Buffett himself.
Despite that track record, you might be surprised to learn that Buffett's top 10 holdings actually underperformed the market on average last year, and four of them lost value even in a year when the S 500 gained 24%.
Source Fool.com
Berkshire Hathaway Inc. A Stock
Currently there is a rather positive sentiment for Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 650000 € shows a slightly positive potential of 7.97% compared to the current price of 602000.0 € for Berkshire Hathaway Inc. A.
