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Billionaire Warren Buffett Has Invested $9 Billion (at Cost) in These 2 Unstoppable Stocks


Published on 2024-11-27 09:40:53 - Thomas Matters, WOPRAI
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  • Despite being a net seller of stocks to the tune of $166 billion over the last eight quarters, there are two premier stocks the Oracle of Omaha can't stop buying.

Warren Buffett, through Berkshire Hathaway, has invested a staggering $91 billion in two key stocks, Apple and Bank of America, as of November 27, 2024. Apple, which has been a significant part of Berkshire's portfolio since 2016, now represents about 47% of its total stock investments, with Buffett's confidence in the tech giant unwavering despite its high valuation. Bank of America, on the other hand, has been a long-term holding since the financial crisis, with Buffett's investment reflecting his belief in the bank's management and its potential for growth. These investments underscore Buffett's strategy of focusing on companies with strong fundamentals, reliable earnings, and significant competitive advantages, even as he has reduced stakes in other sectors like energy and finance.

Read the Full The Motley Fool Article at [ https://www.fool.com/investing/2024/11/27/warren-buffett-has-invested-91-billion-in-2-stocks/ ]

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