Veteran investor Warren Buffett is widely known for his long-term value investing strategy. Financial services company Ally Financial Inc. (ALLY) is one of the newest additions to Buffett’s Berkshire Hathaway (BRK.B) portfolio.
ALLY was added to Buffett’s portfolio in the first quarter of 2022. As of the fiscal 2022 third quarter, Berkshire Hathaway had approximately 30 million shares of ALLY valued at more than $830 million. ALLY constitutes nearly 0.3% of Berkshire’s investment portfolio.
