Making nearly $90billion, Buffett's latest heavy stock exposure

 2 month 26 Sunday night ,“ warren ” warren · Buffett's company Berkshire · Hathaway released 2021 Fourth quarter and full year performance report . This year's 《 Buffett's letter to shareholders 》 It will also be made public .

  2021 In, Berkshire realized operating profit of 274.55 Billion dollars ,2020 The year is 219.22 Billion dollars , Year-on-year growth 25.24%. The net profit attributable to the parent is 897.95 Billion dollars , Compared with the same period 425.21 Billion dollars , growth 111.18%.2021 Operating profit in the fourth quarter of 72.85 Billion dollars , Compared with the same period 50.21 Billion dollars , growth 45.09%. The net profit attributable to the parent is 396.5 Billion dollars , Compared with the same period 358.4 Billion dollars , growth 10.63%.

   Buffett said in his letter , We hold shares based on our expectations of their long-term operating performance , Instead of speculating on short-term market movements .

   Chief economist of Chuancai securities 、 Chen Li, director of the Research Institute, is right 《 Securities daily 》 The reporter said ,“ warren ” The way to invest , First, it depends on the strong analytical ability of investment research , In particular, the mining capacity of the bottom companies is very outstanding . Second, the holding period of some stocks is very long , Be able to patiently and fully enjoy the high dividends of the company from the initial stage to unicorn .

   Yangdelong, chief economist of Qianhai open source fund, is accepting 《 Securities daily 》 The reporter said in an interview , from 1965 Year to 2021 year , Berkshire · The compound annual growth rate of Hathaway's market value per share is 20.1%, Significantly better than S & P 500 Exponential 10.5%. Because of the power of compound interest , Berkshire · The growth rate of Hathaway's market value is amazing 36416 times , And S & P 500 The index is 302 times , That means Berkshire · Hathaway's market value has grown in the past 50 Over the years, it has outperformed S & P 500 The index is as high as 100 Many times , This fully reflects the charm of value investment .

   Shareholding , By 2021 By the end of year , Berkshire · Hathaway holds apples separately ( Market value 1611.55 Billion dollars )、 Bank of America ( Market value 459.52 Billion dollars )、 American Express ( Market value 248.04 Billion dollars )、 Coca Cola ( Market value 236.84 Billion dollars )、 Moodie ( Market value 96.36 Billion dollars )、 Verizon ( Market value 82.53 Billion dollars )、 United Bank of America ( Market value 80.58 Billion dollars )、 BYD (247.840, 2.98, 1.22%)( Market value 76.93 Billion dollars )、 Chevron ( Market value 44.88 Billion dollars )、 Bank of New York Mellon ( Market value 38.82 Billion dollars ) etc. .

   Yang Delong said , The largest heavy stock is still apple , exceed 1611 Billion dollars , Of the total stock position 46% about . It can be seen that , Buffett has always maintained a habit of heavy positions for promising companies , Apple is undoubtedly the most profitable company for him , Also for Berkshire · Hathaway contributed nearly 1000 About $billion in profits .

   Besides , BYD, the eighth largest position , Also for the “ warren ” It brings rich rewards .2008 year 9 month , Buffett with 8 The Hong Kong dollar / Price of shares , Jiancang 2.3 Billion dollars . Annual report , Buffett has made money on BYD's investment 32 times .

   Yangdelong reminded me , Berkshire · Hathaway has 3500 $billion in equity assets , But there are still a lot of cash positions on the balance sheet , Include 1440 US $billion in cash and cash equivalents, etc . in other words , keep 20% To 30% Cash positions around , There is no full allocation of equity assets .

  “ In terms of investment proportion , Technology 、 Financial and consumer stocks account for a relatively high proportion , And pay special attention to growing leading enterprises .” Chen Li analyzed ,A The stock market also pays special attention to value investment and scientific and technological attributes . Combined with the current market , Energy industry and commodities 、 Precious metals in a specific market environment , Investors can focus on . more Stocks information , Focus on finance and Economics 365！