The Motley Foolยท2025-03-18 09:45Group 1: Market Overview - Despite a general sell-off in stocks, Warren Buffett continues to hold onto certain investments, indicating confidence in their long-term potential [1][2][3] - Buffett's strategy involves buying quality stocks during dips and maintaining positions even when they are down, which has historically led to outperformance against the broader market [2] Group 2: Amazon - Amazon's stock has declined by 19% since early February, but the company is less vulnerable to economic downturns than the stock price suggests [4][5] - Amazon Web Services (AWS) is the primary profit center, contributing 58% of operating income, while e-commerce serves more as a means to drive traffic and advertising revenue [6][7] - The company has consistently grown its top line, even during economic recessions, indicating resilience [8] Group 3: American Express - American Express operates as a membership-based rewards program rather than just a credit card company, with some customers paying up to $695 annually for benefits [10] - The stock has fallen 20% since late January due to fears of economic downturn impacting credit card usage, but affluent customers typically withstand economic challenges [12] Group 4: Apple - Apple remains a significant investment for Berkshire Hathaway, despite a reduction in stake, making up nearly 25% of its total stock portfolio [14] - The stock has dropped 18% from its peak in December, with potential growth linked to artificial intelligence developments, although current interest has been low [15][16] - Analysts believe that Apple's integration of hardware and software positions it well for future AI advancements, although significant improvements may not materialize until 2026/27 [19]