The DOW was up from 583 to 679, a 16.4% increase...The largest investment funds, Tri-Contental and Massachusetts Investors increased 5.7% and 9% respectively...The Buffet Partnerships, now are six in number, and averaged 25.9%...Thirty five percent of the portfolio is in one security, which Warren does not name...The partnership is the largest shareholder in the unnamed security...The unnamed security is selling at a large discount to its intrinsic value...Two other large shareholders of the unnamed security agree with this large position...(How Warren knows this, is not stated)...It is highly likely that this security will increase in value this next year...The remaining 65% of the portfolio is in undervalued securities and work-outs...
What can we learn:
Warren continues to outperform the DOW...
Warren continues to be a focused investor, with little diversification...
Warren knows in detail the information of his investments...
Warren continues the generals, work-outs, and undervalued security stratification...
What can we learn:
Warren continues to outperform the DOW...
Warren continues to be a focused investor, with little diversification...
Warren knows in detail the information of his investments...
Warren continues the generals, work-outs, and undervalued security stratification...
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