Greg Abel Has Over 60% of Berkshire Hathaway's Stock Portfolio Invested in 9 Forever Stocks

Warren Buffett once wrote, "When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever." While Buffett constantly aimed to buy only wonderful businesses, few met the criteria for becoming the stocks Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) would hold forever. In his first letter to shareholders, Buffett's successor at Berkshire, Greg Abel, called out nine companies he describes as core holdings in the company's equity portfolio. Combined, they ...