Warren Buffett's Hand-Picked Successor, Greg Abel, Has 72% of Berkshire Hathaway's Portfolio Invested in Just 5 Stocks. Here's My Top Pick for August.
Alphabet's value proposition was so appealing that even Buffett and Abel could not ignore it.
Warren Buffett's hand-picked successor, Greg Abel, has overseen a significant shift in Berkshire Hathaway's portfolio, with 72% of its holdings concentrated in just five stocks. This longstanding pattern, which has persisted for over 60 years, suggests that some of these investments may be more favorable to hold now than to buy. Among the top picks, Google parent Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) appears to be the most promising choice for investors looking to capitalize on this concentrated portfolio.
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- Warren Buffett's Hand-Picked Successor, Greg Abel, Has 72% of Berkshire Hathaway's Portfolio Invested in Just 5 Stocks. Here's My Top Pick for August. finance.yahoo.com
