If any investor has stood the test of time, it’s Warren Buffett, and with good reason. For years, the “Oracle of Omaha” has had a rock star-like presence in the investing world.
The question for many is, at age 93 (Mr. Buffett will be 94 on August 30), you don’t need an actuarial table to figure out he won’t be around much longer. His longtime partner, Charlie Munger, died recently at 99. Greg Abel, CEO of Berkshire Hathaway Energy and vice-chairman of non-insurance operations of Berkshire Hathaway since January 2018, who will be 64 in June, has been tapped as Mr. Buffet’s successor. Many investors may wonder what stocks will stay and what will go.
We screened the Berkshire Hathaway portfolio for the five stocks that were held among the longest, as they will likely remain the portfolio’s cornerstones. All are rated Buy at major Wall Street firms.
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