Mirroring investors like Warren Buffett has been a winning strategy for some people. While it’s a lot easier to buy Berkshire Hathaway (BRK-B) than it is to follow each of Buffett’s moves, a deeper look at his big decisions can introduce compelling long-term opportunities.
Buffett’s top five holdings at the end of 2016 were Kraft Heinz (KHC), Wells Fargo (WFC), Coca-Cola (KO), IBM (IBM) and American Express (AXP). Four of those five picks are still up big over the past five years, but probably one of the most important things about Buffett’s 2016 investments is his position in Apple (AAPL). Buffett started buying Apple in the first quarter of 2016, and he quickly turned it into his largest holding.
