Berkshire Hathaway, a multinational conglomerate holding company that is led by the legendary billionaire investor, Warren Buffett, published its fourth-quarter 2021 investor letter – a copy of which can be seen here. Berkshire owns a wide variety of businesses, some in their entirety, some only in part. The second group largely consists of marketable common stocks of major American companies. Additionally, the fund owns a few non-U.S. equities and participate in several joint ventures or other collaborative activities. Spare some time to check the fund’s top 5 holdings to have a clue about their top bets for 2022.
Berkshire Hathaway, in its Q4 2021 investor letter, mentioned Berkshire Hathaway Inc. (NYSE:BRK-B) and discussed its stance on the firm. Founded in 1839, Berkshire Hathaway Inc. (NYSE:BRK-B) is a San Francisco, California-based multinational conglomerate company with a $792.9 billion market capitalization, and is currently spearheaded by its CEO, Warren Buffett. Berkshire Hathaway Inc. (NYSE:BRK-B) delivered a 19.99% return since the beginning of the year, while its 12-month returns are up by 39.72%. The stock closed at $358.76 per share on March 25, 2022.
Here is what Berkshire Hathaway has to say about Berkshire Hathaway Inc. (NYSE:BRK-B) in its Q4 2021 investor letter:
“BERKSHIRE HATHAWAY INC.
To the Shareholders of Berkshire Hathaway Inc.:
Charlie Munger, my long-time partner, and I have the job of managing a portion of your savings. We are honored by your trust.
Our position carries with it the responsibility to report to you what we would like to know if we were the absentee owner and you were the manager. We enjoy communicating directly with you through this annual letter, and through the annual meeting as well.
Our policy is to treat all shareholders equally. Therefore, we do not hold discussions with analysts nor large institutions. Whenever possible, also, we release important communications on Saturday mornings in order to maximize the time for shareholders and the media to absorb the news before markets open on Monday.
A wealth of Berkshire facts and figures are set forth in the annual 10-K that the company regularly files with the S.E.C. and that we reproduce on pages K-1 – K-119. Some shareholders will find this detail engrossing; others will simply prefer to learn what Charlie and I believe is new or interesting at Berkshire.
Alas, there was little action of that sort in 2021. We did, though, make reasonable progress in increasing the intrinsic value of your shares. That task has been my primary duty for 57 years. And it will continue to be.
What You Own
Berkshire owns a wide variety of businesses, some in their entirety, some only in part. The second group largely consists of marketable common stocks of major American companies. Additionally, we own a few non-U.S. equities and participate in several joint ventures or other collaborative activities.
Whatever our form of ownership, our goal is to have meaningful investments in businesses with both durable economic advantages and a first-class CEO. Please note particularly that we own stocks based upon our expectations about their long-term business performance and not because we view them as vehicles for timely market moves. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers…” (Click here to see the full text)
Our calculations show that Berkshire Hathaway Inc. (NYSE:BRK-B) ranks 15th on our list of the 30 Most Popular Stocks Among Hedge Funds. Berkshire Hathaway Inc. (NYSE:BRK-B) was in 108 hedge fund portfolios at the end of the fourth quarter of 2021, compared to 106 funds in the previous quarter. Berkshire Hathaway Inc. (NYSE:BRK-B) delivered a 21.82% return in the past 3 months. You can find other letters from hedge funds and prominent investors on our hedge fund investor letters 2021 Q4 page.
Disclosure: None. This article is originally published at Insider Monkey.
