‘In Berkshire Hathaway’s 2007 letter to shareholders,
Warren Buffett explains that the kind of companies he likes to invest in are ‘companies that have
a) a business we understand;
b) favourable long-term economics;
c) able and trustworthy management; and
d) a sensible price tag.
A truly great business must have an enduring “moat” that protects excellent returns on invested capital.’
$Berkshire Hathaway 13F(BK2999.US)$ $Berkshire Hathaway-A(BRK.A.US)$ $Berkshire Hathaway-B(BRK.B.US)$ $Apple(AAPL.US)$ $Coca-Cola(KO.US)$ $Meta Platforms(META.US)$ $Microsoft(MSFT.US)$ $Occidental Petroleum(OXY.US)$ $Bank of America(BAC.US)$

(1) one that we can understand,
(2) with favourable long-term prospects,
(3) operated by honest and
competent people, and
(4) available at a very attractive price.
Book:  Richer,  Wiser,  Happier
$Berkshire Hathaway 13F(BK2999.US)$ $Berkshire Hathaway-A(BRK.A.US)$ $Berkshire Hathaway-B(BRK.B.US)$ $Coca-Cola(KO.US)$ $Apple(AAPL.US)$

The portfolio is mostly Apple
$Berkshire Hathaway 13F(BK2999.US)$ $Berkshire Hathaway-A(BRK.A.US)$ $Berkshire Hathaway-B(BRK.B.US)$ $Apple(AAPL.US)$ $Bank of America(BAC.US)$ $American Express(AXP.US)$ $Coca-Cola(KO.US)$ $Chevron(CVX.US)$ $Occidental Petroleum(OXY.US)$ $The Kraft Heinz(KHC.US)$ $Moody's(MCO.US)$ $HP Inc(HPQ.US)$ $DaVita(DVA.US)$ $Citigroup(C.US)$

He works 70+ hours a week (probably more).
Warren Buffett owns 3% of Coca-Cola and gets paid a $218 million dividend every year.
He works 0 hours every week for Coca-Cola.
Don't just work for businesses - make sure you own them too.
$Berkshire Hathaway 13F(BK2999.US)$ $Berkshire Hathaway-A(BRK.A.US)$ $Berkshire Hathaway-B(BRK.B.US)$ $Coca-Cola(KO.US)$

"Our favorite holding period is forever."
- Warran Buffett
$Berkshire Hathaway 13F(BK2999.US)$ $Berkshire Hathaway-A(BRK.A.US)$ $Berkshire Hathaway-B(BRK.B.US)$ $Citigroup(C.US)$ $Apple(AAPL.US)$ $Coca-Cola(KO.US)$

Berkshire shares hit intraday records this morning after Saturday's earnings
• Class B: $364.63
• Class A: $553,442
$Berkshire Hathaway 13F(BK2999.US)$ $Berkshire Hathaway-A(BRK.A.US)$ $Berkshire Hathaway-B(BRK.B.US)$ $Apple(AAPL.US)$ $Occidental Petroleum(OXY.US)$