Is there really a stock or a fund that basically allows you to have Warren Buffet invest your money?

Question

I know it seems stupid, but I heard there was one fund that you can buy shares and basically you'll be investing in a way that follows warren buffet and get maybe 18-20% return less than Warren Buffet, but more than you would have done on your own. Is it true?

Answer 1

He is very old and probably doesn't run the company that much any more, but his sucessor is going to be Bill Gates.
There are two funds you can go for.

BRK.A which is about $110,000 a share or a split of BRK.A which is BRK.B at about $3,600 a share.

Answer 2

Well, you could always try to buy some shares of Warren Buffet's primary holding company: Berkshire Hathaway. Basically that company's investments would reflect Buffet's decisions. Unfortunately, BH shares are insanely expensive.

Answer 3

Of course the best way to invest with Buffet is to buy B shares in Berkshire Hathaway his holding company (BRK.B). If you want to know what he is investing in you can look at Birkshire's disclosures with the SEC. Each quarter, Berkshire files form 13-F, which discloses its consolidated equity investments, with the SEC. Berkshire's latest 13-F disclosed 39 stock positions as of Sept. 30.

The Berkshire Hathaway Portfolio
(percent is the allocation to that holding)

Coca-Cola KO 17.69%

American Express AXP 16.83%

Wells Fargo WFC 13.66%

Procter & Gamble PG 12.27%

Moody's MCO 6.21%

Wesco Financial WSC 4.93%

Anheuser Busch BUD 3.43%

Johnson & Johnson JNJ 3.16%

Washington Post WPO 2.52%

ConocoPhillips COP 2.11%

Wal-Mart WMT 1.95%

Ameriprise AMP 1.79%

White Mountains WTM 1.69%

M&T Bank MTB 1.59%

USG Corporation USG 1.56%

American Standard ASD 0.92%

Comcast CMCSA 0.81%

Nike NKE 0.69%

Tyco TYC 0.55%

General Electric GE 0.54%

Holdings as of 09-30-06

There are more holdings but represnt a small fraction of Berkshire's invested capital.

I hope this helps.

Answer 4

Well, you can buy shares in the BERKSHIRE HATHAWAY INC. This is the holding company managed by Warren Buffet.

Answer 5

I really do not heard about this kind of fund. From my opinion people are using famous people for their marketing & promotion of their financial services. If you really find out that fund, go check out with them and ask them to show you their proven track record of 18-20% return.