We want to feel at the end of the year we have more fundamental earning power, says Warren Buffett, Berkshire Hathaway CEO, discussing his annual report to shareholders. Buffett shares his outlook on several of his holdings, including, railroads, coal stocks, and electric utilities.
Warren Buffett: Earning Power Our Annual Goal
Since the financial crisis, Warren Buffett's Berkshire Hathaway has had significant exposure to financial stocks in its portfolio. Q1 2021 hedge fund letters, conferences and more At the end of March this year, Bank of America accounted for nearly 15% of the conglomerate's vast equity portfolio. Until very recently, Wells Fargo was also a prominent Read More