The Warren Buffett Playbook: Uncovering the Stocks That Weathered the Storm

All the Stocks Warren Buffett Bought in the Last 2 Years

Warren Buffett, the legendary investor and CEO of Berkshire Hathaway, has been on a buying spree in recent years. In his annual letter to shareholders, Buffett revealed that Berkshire Hathaway purchased $51.2 billion in stocks in 2022, and $43.1 billion in 2021. The company's investments are primarily focused on large-cap stocks, with a few notable exceptions.

One of the most significant purchases Buffett made in the last two years was in Occidental Petroleum (OXY). Berkshire Hathaway acquired a 20% stake in the oil and gas company, worth approximately $10 billion. This investment is a significant departure from Buffett's typical focus on consumer-facing companies, and highlights his willingness to invest in industries that are critical to the global economy.

Another notable purchase was in General Motors (GM). Berkshire Hathaway acquired a 1% stake in the automaker, worth around $2.5 billion. This investment is a nod to Buffett's long-standing admiration for the American automobile industry, and his belief in the long-term potential of General Motors.

Buffett also made significant investments in companies that are leaders in their respective industries. He purchased a 2% stake in Coca-Cola (KO), worth around $4.5 billion, and a 1% stake in Wells Fargo (WFC), worth around $2.5 billion. These investments reflect Buffett's confidence in the ability of these companies to continue generating strong returns for shareholders.

In addition to these large-cap stocks, Berkshire Hathaway also made significant investments in smaller companies. Buffett purchased a 14% stake in RH (RH), the luxury home furnishings retailer, worth around $2.5 billion. He also acquired a 10% stake in Dominion Energy (D), the energy company, worth around $2.5 billion.

Overall, Buffett's investments in the last two years reflect his commitment to investing in companies that have strong fundamentals, are led by talented management teams, and have the potential to generate strong returns for shareholders. While the investment landscape is always subject to change, Buffett's track record of success is a testament to the power of his investment approach.