Warren Buffet has become one of the most famous investors in the world, being among the richest people in the world. This year (2022), he has been ranked as the world’s fifth-richest person, with a fortune of $114 billion. The secret to his success? He has invested wisely in many companies over the years and has gained billions in return for his efforts. In this article, we discuss 6 investments made by Warren Buffet that you should know about. Make sure to invest your money wisely too!
In 2002, Warren Buffet invested $488 million in PetroChina. This was a risky investment as the company was involved in the Chinese oil industry, which was not doing well at the time. However, he believed in the long-term potential of China and its economy, and his investment paid off handsomely. The value of his shares increased to $8 billion by 2007, making him a billionaire from this investment alone.
2) The Washington Post Company:
In 1973, Warren Buffet invested $10 million in The Washington Post Company. This was a struggling company at the time, but he saw its potential and bet on its future success. His gamble paid off, and the value of his shares rose to $1 billion by the early 1990s. He sold some of his shares at that time but still holds a significant stake in the company today.
Warren Buffett’s investment in Coca-Cola is one of the most famous occasions where he used his own money to buy stock. He first invested $592,540,000 in 1988, which eventually grew up into 1.3 billion dollars worth! Although he’s sold shares since then, his original investment has increased by approximately 119%.
In 2008, Warren Buffett invested $230 million in BYD, a Chinese battery and electric car manufacturer. This was a risky investment as the company was not well-known at the time. However, he believed in its potential, and his investment paid off. BYD’s stock has been on an incredible journey in 2021, with gains of up to 3400%. Clearly, this was one of Buffett’s best investments.
5) Goldman Sachs:
In 2008, during the financial crisis, Warren Buffett invested $5 billion in Goldman Sachs. This was a risky investment as the company was on the brink of bankruptcy at the time. The value of his shares has increased significantly since then, and he has made a profit of $3.7 billion from this investment.
In 2016, Warren Buffett invested $1 billion in Apple. He had previously said he would never invest in tech companies because they were too risky. But then he changed his mind and bought 5% of Apple’s shares at a time when it was trading at an all-time low. He also predicted it would be worth more than Google within 10 years. So far, so good; Apple is currently worth more than double Google’s market cap ($2.1 trillion vs. $1.623 trillion).
Conclusion: Warren Buffet is one of the most successful investors in history. Here are six investments he has made over the years that you should know about. Each of these investments can teach us something valuable about investing and how to grow our wealth. What have you learned from Warren Buffet’s investments?