Here Are This Elite Fund’s Top Five Stock Picks

#1 Berkshire Hathaway Inc. (NYSE:BRK.A)

Shares held (as of September 30): 300
Total Value (as of September 30): $58.59 million
Percent of Portfolio (as of September 30): 20.12%

Although autonomous cars software and increased vehicle utilization rates will likely lower auto insurance premiums over the next decade, Berkshire Hathaway Inc. (NYSE:BRK.A) is still a great long term holding, as it is well diversified and has adjusted to secular changes before. Each of Warren Buffett’s divisions has a wide moat and earns a solid return on capital. Given the rising rates in the coming quarters, look for financials-heavy Berkshire Hathaway to benefit substantially. Although shares are down by 9.4% year-to-date, the negative performance will not last for long given Buffett’s great long term track record.

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