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Key Facts
In Warren Buffett’s 2023 letter to Berkshire Hathaway shareholders, he highlighted the conglomerate’s significant investment performance, showcasing a 3,787,464% gain since 1965. Buffett emphasized that Berkshire Hathaway has generated over $1 billion annually from investments in Coca-Cola and American Express, which were purchased for a combined $2.6 billion in the 1990s.
Berkshire’s largest holding is Apple, with 280 million shares, contributing $291.2 million in annual dividends. Bank of America follows with 605 million shares and over $675 million in annual dividends. Chevron, another significant investment, has increased its dividend by 32%, now providing $835 million per year from 122 million shares. Together, these five major investments account for 70% of Berkshire’s portfolio.
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