Berkshire Hathaway |

Berkshire Hathaway Portfolio Update

February 16, 2012 By Clark Leave a Comment

The long waited Berkshire Hathaway portfolio is out.

Berkshire filed documents on Tuesday with the SEC revealing some of his new positions.

Buffett is taking a bigger stake in Wells Fargo and selling shares of J&J and Kraft. Buffett also took new positions in DVA, LMCA and added to IBM. Anything Buffett purchases or reups on is definitely worth taking a look at, especially if it drops below what he bought it at (which is how I had a huge gain on GE).

From Guru Focus:

New Purchases: DVA, LMCA,

Added Positions: IBM, DTV, WFC, CVS, V, GD, INTC, VRSK,

Reduced Positions: JNJ,

Sold Out: XOM,

For more info on Berkshire’s portfolio click links below:
GuruFocus “Warren Buffett Buys More IBM, Wells Fargo, DTV, CVS; Sells XOM and JNJ”
Washington Post “Berkshire Hathaway adds to Wells Fargo stake, scales back J&J, Kraft holdings in busy quarter”
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Reuters “Buffett builds media portfolio in fourth quarter”

Filed Under: All, Wall Street Tagged With: berkshire hathaway, buffett portfolio, investments, value investing

Buffett’s buddy Ajit Jain

January 25, 2011 By Clark Leave a Comment

I read a very interesting article today in the February issue of Vanity Fair about Warren Buffett. The online version of the article, which is shorter, is located HERE.

The article (like many others) details Buffett’s modest lifestyle despite being a mutli-billionaire.

However most impressive is the articles discussion on who may helm the mega conglomerate post Buffett (Buffett himself has calculated that he has approximately 12 years left to live).

One person considered Buffett’s right hand man and potential successor is Ajit Jain. However, Jain declined to be interviewed for the Vanity Fair article and is fairly media shy.

I decided to look into who was this mystery man that the world’s greatest investor holds such high esteem and “with whom Buffett talks almost every day.” His rise to wealth is quite interesting.

Ajit Jain was born in India and received an engineering degree from the Indian Institute of Technology Kharajpur.

He then worked for IBM in India…….and then BOOM, moves to the [Read more...]

Filed Under: All, International, Wall Street Tagged With: ajit jain, anshu jain, berkshire hathaway, deutsche bank, engineering, harvard business school, india, Indian Institute of Technology Kharajpur, insurance, investment, McKinsey and Co, Warren buffett

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