"Berkshire paid about $6.3 billion for those remaining shares a little over a decade ago; they were worth $62 billion at December's close, making the stock a ten-bagger for Buffett. 'Tim Cook has made Berkshire a lot more than I have made Berkshire,' Buffett quipped about Apple's CEO during last year's shareholder meeting."
"Berkshire's 22.1% piece of the credit-card giant cost it $1.3 billion. The position was worth just over $56 billion at the end of December, meaning Buffett made nearly 45 times his money on paper."
"The 9.3% stake in the soda titan also cost $1.3 billion, and was worth $28 billion at December's close - a roughly 21-fold increase. Buffett touted both wagers in"
Greg Abel, Berkshire Hathaway's new CEO, paid tribute to Warren Buffett by featuring four of his most successful stock investments in his first shareholder letter. The table included Apple, American Express, Coca-Cola, and Moody's, showing ownership percentages, original costs, current values, and dividend payments. Berkshire's Apple stake, built between 2016 and 2018, represents a ten-bagger investment worth $62 billion from an initial $6.3 billion. American Express and Coca-Cola positions, completed in the mid-1990s and untouched since, generated approximately 45-fold and 21-fold returns respectively. These long-term holdings demonstrate Buffett's investment philosophy and continue generating substantial value for Berkshire Hathaway.
Read at Business Insider
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