s*********8
发帖数: 901 | 1 WASHINGTON (MarketWatch) — In building up his $10.7 billion stake in
International Business Machines Corp., billionaire Warren Buffett apparently
turned a blind eye to one of the most basic rules of investing: Buy low.
In fact, within the Berkshire Hathaway Inc. portfolio of roughly 30 stocks,
only Coca-Cola Co. (XNYS:KO - News) has the distinction of being a company
that Buffett will buy no matter what the price, according to John Buckingham
, editor of the Prudent Speculator investment newsletter and manager of the
Al Frank Fund.
“Coca-Cola has been fantastic since he started buying it 20, 25 years ago,
” he said.
IBM (XNYS:IBM - News) shares have been building on all-time highs for nearly
two years, breaking past $131 a share for the first time at the end of 2009
. More recently, shares traded at $187.74, up a fraction since last week,
but gaining more than 15% since mid-March.
In addition to being a pricey addition to Berkshire, IBM has the added
distinction of being the fund’s only tech stock, a sector Buffett has
typically avoided.
“We like IBM and we own it,” said Buckingham. “It’s a quality company
and we think it will grow faster than the overall market. They have
tremendous global presence … and can take market share from competitors,
and so far they’ve been exceeding all their financial mileposts.”
Berkshire Hathaway (XNYS:BRK-A - News)(XNYS:BRK-B - News) may own a variety
of stocks, but Buffett’s a “concentrationist” by nature, preferring to
invest in a few sectors he understands best, such as finance and nondurable
consumer goods, which together make up about 80% of the holding company’s
portfolio.
Results haven’t been all great.
Berkshire Hathaway’s largest holdings |
|
