In a rare glimpse into the personal stock portfolio of Warren Buffett, ProPublica reported that the famed investor and Berkshire Hathaway CEO has held shares in Wells Fargo, Walmart, and Johnson & Johnson over the years. The report also revealed that Buffett sold nearly $500 million of shares between 2000 and 2019 and divested government and corporate bonds worth more during that period.
Accusations were made that Buffett violated his own rules at Berkshire, as the company prohibits employees with inside knowledge from trading those securities. This came to light after Buffett reportedly sold shares of Wells Fargo, Walmart, and Johnson & Johnson at times when Berkshire also held positions in these stocks.
While neither Buffett nor Berkshire responded to these allegations, the reported sales are significant as they suggest that he personally owned at least $80 million worth of just three stocks. Given his relatively low salary and minimal sales of Berkshire stock, it’s evident that dividends and the income from his stock portfolio are crucial for his financial stability.
The presence of Wells Fargo, Walmart, and Johnson & Johnson in Buffett’s portfolio isn’t surprising as Berkshire has long been associated with these companies, holding significant stakes in each over the years. This peek into Buffett’s investment strategy offers valuable insights for his followers and potential investors alike.
I have over 10 years of experience in the cryptocurrency industry and I have been on the list of the top authors on LinkedIn for the past 5 years.