Value Investing with Buffet

Provided by Yahoo Finance

Mustang Staff

As the world economy slowly recovers, successful investors like billionaire philanthropist Warren Buffet are showing greater interest in investing in businesses with high growth potential. Buffet’s Berkshire Hathaway has invested $4.2B in Hewlett Packard (11% stake), Occidental Petroleum, and Alleghany Corporation reports Julia Horowitz of CNN Business. Berkshire Hathaway’s major investments include Apple, Coca Cola, American Express, Bank of America, Kraft-Heinz, Verizon, and Chevron.

Yahoo Finance’s Fatima Farooq reports that Buffet recently increased his stake in Chevron by 34%. The San Ramon based Chevron operates in over 180 countries. Berkshire has a stake value of $55 million in the Johnson & Johnson healthcare company. Another Berkshire investment, Verizon Communications, has raised its dividend for the past 17 years.

Buffet is the sixth-wealthiest person in the world with a net worth of $117 billion.