Buy Berkshire Hathaway's Stocks at Warren Buffett Prices
NakedValue submits:Warren Buffett, Chairman and CEO of Berkshire Hathaway, is the world's most famous investor. While his most iconic investments like American Express (AXP), Coca-Cola (KO) Company and Proctor & Gamble (PG) were purchased well below the current stock prices, there are exceptions. In Berkshire Hathaway's most recent shareholder letter (pdf), Buffett detailed the costs of his 14 biggest stock investments. Five of these stock holdings are trading close to Buffett's original cost basis, meaning that investors can purchase Berkshire Hathaway stocks at Warren Buffett prices. Considering the amount of time that investors spend trying to guess the next Berkshire Hathaway investment (article), these five names are an interesting opportunity. Investors should take a closer look.CONOCO PHILLIPS (COP)Buffett's cost: $69.67 Market price: $79.68 Buffett purchased this diversified oil and gas producer late in the previous oil price spike. Buffett admitted that the purchase suffered from poor timing as theComplete Story »
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