10 Stocks Warren Buffett and His Successor, Greg Abel, Plan to Hold Forever
Dividends, innovation, and valuation are just some of the reasons Berkshire’s bosses never want to let these stocks go.
Warren Buffett and Greg Abel, the new CEOs of Berkshire Hathaway, have revealed a list of stocks they plan to hold indefinitely. In Warren Buffett's 2023 letter to shareholders, and in Greg Abel's first letter, they outlined several companies they intend to never sell. Warren Buffett labeled eight companies as indefinite holdings, while Greg Abel expects four companies to compound over decades.
Coca-Cola, American Express, and Moody's are the three longest-tenured holdings in Berkshire Hathaway's investment portfolio, with continuous holdings since 1988, 1991, and 2000, respectively. These companies boast rock-solid operating models and impressive yields on cost. Additionally, Japan's five trading houses have caught Berkshire's attention, as they are priced attractively and offer capital-return programs.
Despite selling off 75% of Berkshire's Apple stake, Abel has decided to keep Apple as the company's No. 1 holding.
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