Buffett’s Next Bet Is One Of His Biggest Ever

0
Buffett’s Next Bet Is One Of His Biggest Ever
  • Warren Buffett has placed his next big bet.
  • This investment is among the biggest bets he’s ever made.
  • Will 2023 be the year it pays off?

Why Warren Buffett Just Invested $29 Billion In This “Dying Industry”

Warren Buffett has placed his next big bet.

His firm, Berkshire Hathaway Inc (NYSE:BRK.A) (NYSE:BRK.B), has increased its stake in this firm to 21%1.

Get The Full Warren Buffett Series in PDF

Get the entire 10-part series on Warren Buffett in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues

Q4 2022 hedge fund letters, conferences and more

Gates Capital Management Reduces Risk After Rare Down Year [Exclusive]

Gates Capital Management's ECF Value Funds have a fantastic track record. The funds (full-name Excess Cash Flow Value Funds), which invest in an event-driven equity and credit strategy, have produced a 12.6% annualised return over the past 26 years. The funds added 7.7% overall in the second half of 2022, outperforming the 3.4% return for Read More

 


Find A Qualified Financial Advisor

Finding a qualified financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes.

Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.

If you're ready to be matched with local advisors that can help you achieve your financial goals, get started now.


This is only the beginning though, as he has been granted approval to buy up to 50% of available stock,2 and certain analysts believe he will eventually make a bid to purchase the entire company.3

This investment is among the biggest bets he’s ever made…

Just how big? Well, Buffett's total cost basis for Coca-Cola Co (NYSE:KO) was $1.3 billion. And he started buying Apple Inc (NASDAQ:AAPL) in 2016 and bought $6.7 billion that year. Coca-Cola and Apple are at the top of his signature stock picks and best performers.

His investment in this sector for the past year?

Over $29 billion.

When history’s most successful investor makes his biggest stock bet over a 12-month period – you know it’s time to act…

But, if you only read the mainstream news, you’d think Buffett has lost his mind by going “all in” on this industry.

That’s because the establishment media, the political class, and the culture warriors will screech that this industry is dying, but what Buffett knows is that the opposite is true. The industry isn’t dying… it’s about to boom like never before.

And in this new video, legendary financial analyst Porter Stansberry reveals why…

He details exactly why Buffett just went “all in” on this out-of-favor sector… and why if you follow his footsteps, you could be looking at the opportunity to see potential gains of 10-50x in the coming years.

If you don’t know Porter Stansberry, he has worked alongside Ron Paul, Jim Rogers, T. Boone Pickens, Steve Eisman, Steve Forbes, Jim Grant, and countless other financial legends.

He is best known for predicting the 2008 financial crash, the demise of General Motors and General Electric, the collapse of Fannie Mae and Freddie Mac, and for warning America would soon be plagued by riots, lockdowns, and inflation.

But he says his new prediction could be the biggest he’s ever issued.

  1. https://www.investors.com/research/oxy-stock-is-warren-buffetts-energy-play-a-buy-or-a-sell/
  2. https://www.investors.com/research/oxy-stock-is-warren-buffetts-energy-play-a-buy-or-a-sell/
  3. https://www.cnbc.com/2022/08/19/warren-buffett-gets-permission-to-buy-up-to-half-of-occidental-petroleum-boosting-the-shares.html

Where should you invest $1,000 right now?

Before you make your next trade, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.

Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.

They believe these five stocks are the five best companies for investors to buy now...

Article by Kim Iskyan, Publisher, Porter & Co. - MarketBeat

No posts to display