Warren Buffett Narrows His Bets as He Prepares to Step Down
Warren Buffett is tightening Berkshire Hathaway''s investment strategy as his retirement looms in 2025. The conglomerate has funneled $197 billion into a select few stocks, with over 70% of its portfolio concentrated in just seven companies. Apple remains the crown jewel at $59 billion, despite recent divestments, followed by American Express at $43.6 billion—a testament to Buffett''s enduring faith in premium financial services.
Consumer staples like Coca-Cola ($28.4 billion) and Kraft Heinz ($8.4 billion) anchor the portfolio, reflecting Buffett''s trademark focus on iconic brands and dividend reliability. Bank of America holds steady at $27.8 billion, though its position has weathered market fluctuations. Berkshire''s $348 billion cash hoard signals persistent caution, even as the Oracle of Omaha consolidates his legacy bets.