Warren Buffett is regarded by many as the greatest investor of the modern era. His mantra can be simplified to the following: buy value, and hold on tight. His investment performance speaks for itself; the Oracle of Omaha has collected a fortune worth over $100 billion through his Nebraska-based holding company Berkshire Hathaway. His unique investment approach, and predilection for fast food and cherry soda,
has garnered a loyal following. Ahead of Berkshire Hathaway's Annual Shareholder Meeting on Saturday, Yahoo Finance takes a closer look at the stocks behind Berkshire and Buffett's wild success.
) is Berkshire's largest holding, with Buffett citing the tech giant's dominance in the market. Bank of America (BAC
) is its second largest; you may recall his $5 billion investment at the height of the debt-ceiling impasse back in 2011.
Also bullish on the energy space, Buffett recently added Chevron (CVX
) into the mix, taking up 10% of Berkshire's portfolio. Coca-cola (KO
) also holds a prominent position, as Buffett has been a long-time fan of the global beverage industry leader.
Yahoo Finance’s Josh Schafer
breaks it all down.
Key video moments
00:00:51: Bank of America