Wow! Buffett Has 78% of His Portfolio in These 5 Stocks
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has produced a handful of jaw-dropping numbers over the years. For example, the Oracle of Omaha, as he's come to be known, has led Berkshire Hathaway stock to a 20.3% annual average return over the past 55 years. In aggregate, this works out to a gain of 2,744,062%. Put another way, $100 invested in 1965 into Berkshire Hathaway stock would have been worth over $2.7 million by Dec. 31, 2019.
But this isn't the most surprising Buffett statistic of all. Though Warren Buffett and his team do invest in dozens of companies, Berkshire remains concentrated in only a few key names. As of the closing bell on Oct. 8, 78.4% of Berkshire Hathaway's invested assets (almost $188 billion) were tied up in only five stocks.
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Source Fool.com
