Here are Warren Buffett's 15 biggest stock investments

25 February, 2018, 00:15 | Author: Salvatore Jensen
  • Warren Buffett

Berkshire's (BRK.A, BRK.B) book value rose $65B in 2017, or 23%.

Shanahan says it also would have been nice to read Buffett's thoughts on why he is selling off Berkshire's IBM investment but maintaining big stakes in Wells Fargo and US Bancorp.

"Upon the enactment of the [Tax Cuts and Jobs Act of 2017], we recorded a reduction in our deferred income tax liabilities of approximately $35.6 billion for the effect of the aforementioned change in the USA statutory income tax rate".

"You and I are lucky to have Ajit and Greg working for us", Buffett wrote.

In discussion acquisitions, Buffett said it was hard to find companies at the "sensible price" in 2017 as the stock market soared.

Is a big acquisition in Berkshire's plans?

"If Wall Street analysts or board members urge that brand of CEO to consider possible acquisitions, it's a bit like telling your ripening teenager to be sure to have a normal sex life", he wrote.

During the bet from 2008 through 2017, the S&P 500 index fund Buffett picked gained 125.8%, versus 87.7% for the top-performing fund of funds that was part of the bet.




By that measure, Berkshire reported $3.3 billion operating income, or $2.23 per B share.

Full-year earnings from BNSF, the company's railroad, climbed 11 percent to about $4 billion in 2017 compared to a year earlier. The compounded annual return over the last 53 years is 19.1%. Berkshire's "A" shares also became the first stock ever to reach a price of $300,000.

On Friday, Berkshire's Class A shares closed at $304,020.01, having risen above $300,000 a share for the first time ever in December on expectations that Trump's United States tax overhaul would pass into law. And sometimes I will make expensive mistakes.

Warren Buffett says the Trump tax cuts passed late previous year were a huge win for him and his company, Berkshire Hathaway (BRK-A, BRK-B).

Kraft Heinz Co said on Friday billionaire investor Warren Buffett has made a decision to retire from the company's board following the end of his term in April to reduce travel commitments. To make his point, he showed four major drops in Berkshire's stock going back to 1973 with losses ranging from 37.1% after the crash of 1987 to a 59.1% plunge from 1973 to 1975.

Buffett touted his win in a bet that he made 10 years ago, in which he basically wagered that a low-priced index fund tracking the S&P 500 stock index would post better returns over the next decade than a portfolio of five fund of funds run by high-fee hedge fund managers, often considered the "smart money" on Wall Street.

It's brutal - for the hedge funds.

"I want to quickly acknowledge that in any upcoming day, week or even year, stocks will be riskier - far riskier - than short-term USA bonds".

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