Warren Buffett, the renowned buy-and–hold investor, has identified a handful of stocks that he believes are forever stocks in Berkshire Hathaway’s portfolio. Despite his preference for long-term investments, Buffett doesn’t hold every stock forever. He recently revealed eight stocks that he thinks Berkshire Hathaway will likely hold forever, and surprisingly, Apple wasn’t one of them.
Two long-term Berkshire holdings
In a letter to Berkshire Hathaway shareholders, Buffett discussed two long-term holdings — American Express and The Coca-Cola Company. He emphasized that Berkshire completed building significant positions in both stocks in the mid-1990s after several years of buying.
American Express and Coca-Cola have been massive winners for…
2024-02-27 06:07:00
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