Warren Buffett's Berkshire Hathaway is betting on companies like Apple, Goldman Sachs and American Express in the long run, said Oracle of Omaha in its annual letter to shareholders released on Saturday.
" "What we see in our businesses is rather a collection of companies that we partly own and on a weighted basis, earning about 20% on net tangible equity required to run their businesses. These companies also earn profits without spending too high levels of debt, "Buffett added.
His investments in 2018 did not have a good year due to the market transition in the fourth quarter, but the long-term investor remains unaffected by short-term setbacks. in the letter that Berkshire had a loss of $ 20.6 billion "from a reduction in the amount of unrealized capital gains that existed in our investment holdings."
Overall, Berkshire's stock holdings amounted to $ 172.75 billion in market value at the end of 2018, up from $ 170.54 billion at the end of 2017.
Below is the full list of Berkshire's equity investments at the end of 2018: