Warren Buffett, also known as the Oracle of Omaha, is one of the most successful investors in history. With a net worth of over $100 billion, Buffett has become a household name for his long-term investment strategies and the performance of his portfolio. Over the years, Buffett has made many successful investments, but there are a few that stand out as his best long-term picks.
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Coca-Cola (KO)
Buffett’s investment in Coca-Cola is one of his most well-known and successful investments. In 1988, Buffett purchased 7% of Coca-Cola for $1.02 billion, and the investment has grown substantially over the years. As of 2021, Buffett’s stake in Coca-Cola is worth over $22 billion. Coca-Cola is a global leader in the beverage industry and has a long history of delivering consistent earnings and dividends to shareholders.
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American Express (AXP)
In the 1960s, American Express was facing financial difficulties, and its stock price had fallen significantly. Buffett saw an opportunity to invest in the company, and in 1964, he purchased 5% of American Express for $13 million. The investment paid off, and American Express became one of Buffett’s most successful investments. As of 2021, Buffett’s stake in American Express is worth over $16 billion.
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Wells Fargo (WFC)
Buffett has been a long-time investor in the banking industry, and Wells Fargo is one of his top picks. In 1989, Buffett purchased 8.4% of Wells Fargo for $290 million, and the investment has grown substantially over the years. Wells Fargo is one of the largest banks in the United States and has a long history of delivering consistent earnings and dividends to shareholders. As of 2021, Buffett’s stake in Wells Fargo is worth over $8 billion.
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Apple (AAPL)
Buffett’s investment in Apple is a more recent addition to his portfolio. In 2016, Buffett began purchasing shares of Apple, and the investment has grown substantially over the years. Apple is one of the largest technology companies in the world and has a long history of delivering consistent earnings and dividends to shareholders. As of 2021, Buffett’s stake in Apple is worth over $120 billion.
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Moody’s (MCO)
Moody’s is a credit rating agency that provides credit ratings, research, and risk analysis to financial institutions and investors. In 2000, Buffett purchased a stake in Moody’s, and the investment has grown substantially over the years. Moody’s has a long history of delivering consistent earnings and dividends to shareholders, and its business is relatively immune to economic downturns. As of 2021, Buffett’s stake in Moody’s is worth over $7 billion.
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Johnson & Johnson (JNJ)
Johnson & Johnson is a global healthcare company that develops, manufactures, and sells a wide range of healthcare products. In the 1990s, Buffett began purchasing shares of Johnson & Johnson, and the investment has grown substantially over the years. Johnson & Johnson has a long history of delivering consistent earnings and dividends to shareholders, and its business is relatively immune to economic downturns. As of 2021, Buffett’s stake in Johnson & Johnson is worth over $11 billion.
In conclusion, Warren Buffett’s portfolio includes many successful long-term investments, but his investments in Coca-Cola, American Express, Wells Fargo, Apple, Moody’s, and Johnson & Johnson stand out as some of his best picks. These companies have a long history of delivering consistent earnings and dividends to shareholders, and their businesses are relatively immune to economic downturns. By following Buffett’s investment strategies and focusing on long-term growth, investors can achieve their financial goals and build a successful investment portfolio.
