Warren Buffett is a business magnate, investor, and philanthropist from the United States. He currently serves as Berkshire Hathaway’s chairman and CEO. He is one of the world’s most successful investors, with a net worth of more than $100 billion as of November 2022, making him the world’s sixth wealthiest person.
Warren Buffett | About him
Warren Buffett, full name Warren Edward Buffett, (born August 30, 1930 in Omaha, Nebraska, United States), is an American businessman and philanthropist widely regarded as the most successful investor of the twentieth and early twenty-first centuries, having defied prevailing investment trends to amass a personal fortune of more than $100 billion.
Buffett, known as the “Oracle of Omaha,” was the son of Nebraska U.S. Rep. Howard Homan Buffett. He studied with Benjamin Graham at the Columbia University School of Business after graduating from the University of Nebraska (B.S., 1950). (M.S., 1951). Buffett returned to Omaha in 1956 and took majority control of textile manufacturer Berkshire Hathaway Inc. in 1965, making it his primary investment vehicle. From the 1960s to the 1990s, major stock indexes rose by about 11 percent per year, but Berkshire Hathaway’s publicly traded shares rose by about 28 percent per year.Despite the fact that Buffett’s success with Berkshire Hathaway made him one of the world’s wealthiest men, he avoided extravagant spending and criticized government policies and taxation that favored the wealthy over the middle and lower classes.
| Date of Birth/Birthday | 30 August 1930 |
| Age | 89 Years (As in 2020) |
| Birthplace | Omaha, Nebraska, United States |
| Nationality | American |
| Hometown | Omaha, Nebraska |
| Zodiac Sign/Sun Sign | Virgo |
| Religion | Christianity |
Warren Buffett's Donations
Warren Buffett announced in June 2006 that he intended to donate more than 80 percent of his fortune to charitable foundations; by 2020, he had increased that figure to 99 percent. The primary beneficiary was the Bill & Melinda Gates Foundation, which was founded by Microsoft founder Bill Gates and his then-wife, Melinda, and focused on global health and education issues; Bill and Buffett had maintained a close friendship since the early 1990s. Other organizations that received donations included those run by Buffett’s three children and the Susan Thompson Buffett Foundation, which was named after his late wife and focused on women’s reproductive rights and college scholarship programs.
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Warren Buffett Investments Portfolio 2022
Warren Buffett has been willing to invest in technology in recent years, with the Berkshire portfolio including notable stocks such as Apple Inc. (NASDAQ:AAPL), Amazon.com, Inc. (NASDAQ:AMZN), and HP Inc. (NYSE:HPQ). According to Jim Shanahan, an analyst at Edward Jones, Berkshire’s portfolio now includes roughly half of technology and communications companies, which he says provides a good balance because the firm’s “portfolio companies are more old economy.”
Warren Buffett invested in Jefferies Financial Group Inc. (NYSE:JEF)
Number of Hedge Fund Holders: 33
Berkshire Hathaway’s Stake Value: $12,790,000
INVESTOR STATEMENT
“Jefferies Financial Group Inc. (NYSE:JEF) was our next biggest dollar detractor, and had also been a strong contributor in prior periods. As we have previously mentioned, while Jefferies has become a better business it is still a cyclical business, and that some moderating earnings after the recent boom were to be expected. In the first six months of their fiscal 2022, Jefferies earned a ROATE (Return on Adjusted Tangible Equity) of over 11%, reasonable given the very material slowdown in the capital markets lately. They also repurchased over $620 million of their shares at $34+ per share and Jefferies’ stock now trades below tangible book value/share. Given the obvious slowdown in capital raising transactions industry wide, we expect continued muted results in the near-term but also continued share buybacks. Our long-term enthusiasm remains, as does our view of the material upside for the shares from recent levels.”
Warren Buffett invested in Louisiana-Pacific Corporation (NYSE:LPX)
Number of Hedge Fund Holders: 28
Berkshire Hathaway’s Stake Value: $296,692,000
INVESTOR STATEMENT
“We have invested in Louisiana-Pacific Corporation (NYSE:LPX) due to its Smartside siding business. Smartside has consistently increased its share of the siding market in the U.S., not just new residential construction but repair and renovation, shed and other markets. Louisiana Pacific has not been able to keep up with demand for Smartside and is sold out to the end of 2022. New capacity is being added currently which will support future growth.
Between 2015 to 2022, Smartside EBITDA increased from around US$100 million to a run-rate approaching US$400 million. We believe Smartside has many years of strongly profitable growth to come.
Imagine being offered to buy a business. This business is breakeven in a down year, makes an operating profit of a few hundred million dollars in a normal year, and in an exceptional period in 2021 made around US$1.5 billion profit. The person offers to sell you the business for nothing. This is the current investment opportunity for Louisiana Pacific. In addition to owning Smartside, it also owns the second largest oriented strand board business in North America and a successful woods product business in South America. The price of OSB is exceptionally volatile, but has recently delivered super-normal profits to Louisiana Pacific, enabling management to buy back 45% of shares on issue while maintaining net cash. At Louisiana Pacific’s current share price, we are paying the bottom end of fair value for Smartside and getting the OSB business practically for nothing.”
Warren Buffett invested in RH (NYSE:RH)
Number of Hedge Fund Holders: 48
Berkshire Hathaway’s Stake Value: $580,724,000
INVESTOR STATEMENT
“Gary Friedman, the owner manager of RH (NYSE:RH), has been talking about the company climbing the luxury mountain over the past few years. Wall Street is skeptical RH can hold its leading margin profile after elevated demand during Covid, and it surely doubts that it is a luxury company, at 10x earnings. We’ve been looking to get involved in the housing ecosystem given the dramatic selloff in the sector over the past year, and our first investment here is via RH. Demographically, we expect US household formation to remain very strong after a decade of underinvestment in housing supply. Gary strategically with-held new product launches in the aftermath of Covid, when times were easiest, and is now releasing a new premium product lineup. We believe there is a lot of latent pricing power in home furnishing, and while high interest rates are trapping people in a home they would otherwise possibly leave, we believe the consumer, particularly the high-end consumer, will look to continue to upgrade their homes.
The truest test of Gary’s quest to make RH a true luxury company is in fact a recession. One of the reasons why there are few, if any, American luxury businesses, is that without a family controlling the company, optimizer-oriented management teams cannot withstand the pain that comes from not discounting a product line into weak demand. We can’t recall a single American company that has “destroyed” inventory like the French luxury companies in the face of a recession. Many have tried. Few, if any, have succeeded.
Anchored by Gary’s 21% ownership of the company, RH has a good chance. And not only is it not tempted in the current volatile environment to discount, but he is actually raising prices. With a buyback authorized for over 30% of the shares outstanding, Friedman is also not shying away from making bold investments in the current environment. He is aggressively expanding galleries and introducing new marquee European properties. The combined product launch cadence, increased prices, aggressive footprint investments and forthcoming share repurchases, not to mention low valuation, made us move off the sidelines and take a position in RH. While we are certainly not hoping for a recession, we are excited that such an environment could solidify Gary’s mission to make RH a rare American luxury brand.”
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Warren Buffett invested in Ally Financial Inc. (NYSE:ALLY)
Number of Hedge Fund Holders: 42
Berkshire Hathaway’s Stake Value: $834,901,000
INVESTOR STATEMENT
“We recently purchased shares of Ally Financial Inc. (NYSE:ALLY), the world’s largest digital-only bank. Ally’s legacy dates back more than 100 years when it was originally launched as GMAC, the in-house financing arm of General Motors. The company was spun out from GM and rebranded as Ally more than a decade ago, but has retained an automotive focus on the lending side, where it holds the largest position in prime auto lending.
Since the spinoff, Ally has transformed from an auto loan company into a comprehensive, independent finance provider for borrowers and savers of all types. The company has completely restructured the liability side of its balance sheet and has created a deposit-gathering engine that is now more than 85 percent deposit[1]funded. (Compared to issuing traditional corporate debt, deposits are a significantly less expensive capital source for banks.)
Due to the lower overhead associated with the digital bank’s lack of brick-and-mortar locations, the bank produces one of the best efficiency ratios in the industry. This low-cost position, combined with a relatively high loan portfolio yield of approximately 6.75 percent, has helped the company earn net interest margins well above those of many leading banks. These high margins translate into high returns on equity, which the company targets at 16-18 percent over the medium term. (Actual ROE in 2021 was 24 percent. When the company came public in 2014, its ROE was a paltry four percent.).
Warren Buffett invested in Celanese Corporation (NYSE:CE)
Number of Hedge Fund Holders: 36
Berkshire Hathaway’s Stake Value: $877,219,000
INVESTOR STATEMENT
“We then used the money freed up to, among other things, open three new positions. The stock price declines during the Russian invasion brought a lot of good prices to the market. Out of all the possibilities we considered, we picked the stocks of Celanese (CE).
Celanese is the world’s largest producer of acetic acid and its chemical derivatives, including vinyl acetate monomers and emulsions. Their applications are used in a wide range of industries, such as automotive tobacco, coatings, construction, energy, telecommunications, food, and medical. Celanese recently closed the acquisition of a large part of DuPont’s business, which will make Celanese an even bigger player in the industry while reducing the cyclicality of it business. The acquisition is quite large and should deliver significant value to shareholders that in our view is not at all presently reflected in the share price. Celanese is a business that stands more or less aside from the main interests of most investors, but it is a company with very high returns on capital, strong free cash flow, and historically very efficient resource allocation.”
Warren Buffett Investment Portfolio as on Feb 2022
Warren Buffets Top 5 Investments
- Apple-$122 billion and this is 40% of his total investments.
- Bank of America– $31 billion and it is 10.75% of his total investments.
- Coca-cola-$25 billion and it is 8.5% of his investments and this investment he hold from more than 10 years.
- Chevron-%23 billion
- Amex-$21 billion
One point is noticeable in all above 5 investments that is all the investment businesses are either monopoly business or duopoly businesses,
Warren Buffett Net Worth
Warren Buffett Net Worth is over $100 billion as on November 2022.
Key Introduction of Warren Buffett as per the Forbes.
- Known as the “Oracle of Omaha,” Warren Buffett is one of the most successful investors of all time.
- Warren Buffett runs Berkshire Hathaway, which owns dozens of companies, including insurer Geico, battery maker Duracell and restaurant chain Dairy Queen.
- The son of a U.S. congressman, he first bought stock at age 11 and first filed taxes at age 13.
- Warren Buffett has promised to donate over 99% of his wealth. So far he has given more than $49 billion, mostly to the Gates Foundation and his kids’ foundations.
- In 2010, he and Bill Gates launched the Giving Pledge, asking billionaires to commit to donating at least half of their wealth to charitable causes.
Warren buffett Real time Net worth Tracker | Click here
Warren Buffett Family Members
Warren’s father, Howard Homan Buffett, was an American businessman, investor, and politician. Warren’s mother’s name is Leila Stahl Buffett. Warren has two sisters Doris Buffett (elder) and Roberta Buffett Elliott (younger). Warren is the only son of Mr and Mrs Buffett.
| Father | Howard Homan Buffett |
| Mother | Leila Stahl Buffett |
| Brother | None |
| Sister | Doris Buffett, Roberta Buffett Elliott |
Warren Buffett got married to Susan Thompson Buffett in 1952 at Dundee Presbyterian Church. They have three children Susan Alice Buffett (Susie), Howard Graham Buffett, and Peter Andrew Buffett. This couple started living separated In 1977 but did not divorce, and in 2004 Susan died. In 2006, Warren remarried to his longtime companion Astrid Menks.
| Marital Status | Married |
| Wife/Spouse | Astrid Menks (m 2006- present) |
| Affairs/Girlfriends | None |
| Children | Son: Peter and Howard Daughter: Susan |
Frequently Asked Questions?
he invested with deep study and strategy, his top investments are monopoly stocks.
- Apple
- Bank of America
- Coca-Cola
- Chevron
- American Express
$110 Billion as on 5th Dec 2022 as per the forbes.
His holding company is Berkshire Hathaway, but he have the stake in many companies like apple, bank of America, Coca-Cola, American express etc.
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Great post but I wass wonderinhg if you could wriye a litte more on this subject?
I’d bee verry thankful if you could elaborate a little bbit further.
Thasnk you!
will keep on adding more content at same post.
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