11.09.2024 11:46:00
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3 Reasons Buying Warren Buffett's Favorite Stock Is Smarter Than Investing in an S&P 500 ETF
I've believed for a long time that investing in Warren Buffett's favorite stock was similar to investing in an exchange-traded fund (ETF). Buffett's favorite stock, of course, is Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), the company he has led for decades.Berkshire Hathaway isn't quite as diversified as an S&P 500 ETF, but it's not too far behind. The conglomerate owns over 60 subsidiaries and has stakes in over 40 other publicly traded companies. I'm convinced that buying Berkshire Hathaway stock is smarter than investing in an S&P 500 ETF. Here are three reasons why.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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