Core News Facts
Warren Buffett has retired as CEO of Berkshire Hathaway, transferring leadership to Greg Abel. Despite his retirement, Buffett’s investment strategies influence the firm’s holdings, which prominently include Apple, American Express, Bank of America, Coca-Cola, and Chevron. Berkshire’s investment philosophy prioritizes companies with strong cash flows and economic stability.
Buffett advocates a 90/10 investment strategy, recommending that 90% of assets be placed in a low-cost S&P 500 index fund, like the Vanguard S&P 500 ETF (NYSEMKT: VOO), while 10% should be in short-term government bonds. The Vanguard 0-3 Month Treasury Bill ETF (NASDAQ: VBIL), which has a dividend yield of 3.67% and an expense ratio of 0.07%, aligns with his approach to maintaining liquidity while investing.
