Warren Buffett portfolio soars! These shares make Oracle of Omaha richer in 2019
Despite a tough fourth quarter that hit Warren Buffett's company’s (Berkshire Hathaway) net income, Oracle of Omaha’s portfolio has soared this year, according to a report by Forbes. The stocks in his portfolio which may not have ended way higher from their low points in late 2018 but they are enjoying the benefit of a vigorous market, to begin with, in 2019. S&P 500 has gone up by 14.84 per cent in 2019 till date. As many as 45 of Buffett’s 48 stocks have also soared amid the S&P rally. The positive beginning of the first quarter may also help Buffett’s Berkshire Hathaway recover. Check major shares of Buffett's portfolio which have been among the top gainers and losers in 2019.
StoneCo Ltd is a Brazilian electronic payments company and its stock has soared 103.25% year to date, rising 53.66% above its initial public offering price of $24 in October. Berkshire purchased shares of the company on October 29, three days after its IPO listed, giving it merely a 0.14% portfolio's share. (Website grab)