1 Sector Warren Buffett and Greg Abel Are Largely Ignoring -- and Why Investors Shouldn't
Key takeaways
- BRK-B NVDA Investors have long looked to Warren Buffett for investing inspiration.
- Buffett retired from the job at the start of this year and handed the responsibility over to Greg Abel -- and this new CEO has promised to follow in the footsteps of the legendary investor.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
BRK-B NVDA Investors have long looked to Warren Buffett for investing inspiration. This is because the billionaire, as chief executive officer of Berkshire Hathaway for 60 years, led the company to market-beating returns over that time period. He did this by investing in industries and companies he knew well, and he put a focus on players with solid competitive advantages.
Buffett retired from the job at the start of this year and handed the responsibility over to Greg Abel -- and this new CEO has promised to follow in the footsteps of the legendary investor. Buffett also remains chairman and has said he s willing to help out however and whenever needed.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »