Berkshire Hathaway’s (BRK.A, BRK.B) latest 13F filing delivered just the kind of signal for which Warren Buffett is famous. Following years of leaning on Apple (AAPL) as the crown jewel of its stock portfolio,

Warren Buffett is stepping down as chief executive officer of Berkshire Hathaway at the end of the year, but he's expertly prepared the terrain for his successor, Greg Abel. At the helm for nearly 60 years, the billionaire has scored market-beating returns -- and he's done this through buying quality stocks and holding on for the long term.

Buffett revealed his regret missing Google after GEICO’s success—and how Berkshire’s new Alphabet investment marks a turning point in its tech strategy.

This adjustment represents a significant 15.9% increase in share count, a 0.45% impact on the current portfolio, with a total value of $8.84 billion. The second largest increase was Domino's Pizza Inc (NASDAQ:DPZ),

Warren Buffett has taken a highly conservative approach to the stock market in recent years. However, he has bought Chevron (NYSE:CVX), UnitedHealth Group (NYSE:UNH) and Pool Corp (NASDAQ:POOL) in the most recent quarter.

Most investors admire Warren Buffett as he's proven his investing expertise over many decades. The billionaire, at the helm of Berkshire Hathaway for nearly 60 years, has helped deliver market-beating performance, and this is seen in a compounded annual gain of nearly 20%, compared with a 10% such increase for the S&P 500.

Key Takeaways In contrast to most financial advisors, Munger called wide diversification “protection against ignorance,” useful only when you don’t have conviction. Holding too many positions, he argued,

As famed investor Warren Buffett—chairman of Berkshire Hathaway (NYSE: BRK.B)—nears the end of his six-decade-long tenure of the Omaha-based multinational conglomerate, he has now increased the firm’s cash position to a record $381 billion.