When it comes to the stock market’s so-called “smart money,” Warren Buffett is arguably still king of
the hill. Even at 87 years of age, the Oracle of Omaha remains involved with the stock-picking done by his iconic investment
fund Berkshire Hathaway (BRK.B), and he hasn’t lost his touch. Riding his coattails, or at least studying what he’s
buying (and why), can be a smart move.
That’s not a tough thing to do. Fund managers are required to report their
portfolio’s position to the SEC each and every quarter. Just by cross-referencing the most recent report with the previous
one, it’s not too difficult to figure out what Buffett has been buying and selling.
And Berkshire just filed
its most recent report (called a 13F) on Wednesday, Feb. 14.
Here’s a look at what Warren Buffett and Berkshire
Hathaway bought during the fourth quarter covered by this 13F. Yes, it’s slightly old news now, as he’s disclosing
what he has already done and not what he’s going to do. But there’s still plenty of worth in this info. After
all, Buffett’s preferred holding period is “forever,” so these picks have shelf life for any investor that
wants to follow his lead.
BK: Mellon Bank
BUY LESS LIST
AAL: Amarican Airlines
GM: General Motors
IBM: International Business Machines
LUV: Southwest Airlines
Top one liner ADVICE from Warren "DONT
BUY STOCKS ON BORROWED MONEY!"