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Money One boring stock Warren Buffett might have owned if he were Canadian

22:10  17 may  2018
22:10  17 may  2018 Source:   fool.com

Buffett's firm buys 75 million more Apple shares in 1Q

  Buffett's firm buys 75 million more Apple shares in 1Q Buffett's firm buys 75 million more Apple shares in 1QBuffett told CNBC about the latest Apple stock purchases Friday as tens of thousands of shareholders begin to arrive at Berkshire Hathaway's annual meeting this weekend.

" Buffett has arguably been modest all of these years; he actually buys wonderful companies at wonderful prices," as Barron's quotes Gashti. In their own attempt to apply Buffett 's oft-stated investment criteria, CNBC came up with their own list of possible targets for him earlier this year.

In 1956, Buffet created the firm Buffett Partnership Ltd. In Omaha , his hometown. Using the techniques learned, he was successful in becoming a millionaire. In spite of the success Buffett found in Buffett Partnership, he dissolved the firm in 1969 to focus on Berkshire Hathaway’s development.

a close up of food© Provided by Fool

Warren Buffett’s affinity for boring stocks is hardly a mystery. The sleep-inducing businesses behind these stocks typically possess easy-to-understand business models and a predictable long-term earnings-growth trajectory, leaving less room for error when considering inputs for financial models versus a more exciting growth play.

Typically, such boring stocks may also have a wide moat built around their businesses in the form of an exclusive brand or a reputation that’s been developed over the several decades. In the age of technological innovation, it’s become vital to possess a moat in order to give investors peace of mind if they intend to implement a buy and hold strategy.

This is what the Warren Buffett empire looks like, in one giant chart

  This is what the Warren Buffett empire looks like, in one giant chart Buffett currently owns 36.8% of Berkshire – and at the time of publishing, Berkshire Hathaway is worth an impressive $480 billion, employing 377,000 people across many different industries.Jeff Bezos got rich off Amazon Inc.(AMZN) , Mark Zuckerberg made his billions off Facebook Inc. (FB) and Bill Gates earned his fortune through Microsoft Corp. (MSFT) But Warren Buffett, who serves as the chairman and CEO of Berkshire Hathaway Inc. (BRK) can attribute his wealth to hundreds of companies, ranging from a textile mill in Rhode Island to Coca-Cola Co. (KO) .

Even Buffett 's own personal tastes seem to color his stock picks. For instance, he is a big fan of junk food in general and Coca-Cola products in particular, and the beverage giant is his second-largest holding. Buffett once even mocked Whole Foods Market

Warren Buffett is obviously incredibly successful. FREE EBOOK: Learn to invest like Warren Buffett with this free book of quotes! It is possible for the stock market to price things wrong! These Warren Buffett quotes will make you feel inspired to start your own financial empire.

Jamieson Wellness Inc. (TSX:JWEL) is one company that fits the bill as a boring stock that Warren Buffett may have considered if wanted to invest in Canada. Jamieson is Canada’s oldest and largest manufacturer and distributor of vitamins, minerals, and supplements (VMS). Although the company just kicked off its IPO last year, it’s worth remembering that Jamieson has been around the game for nearly a century and has developed a remarkable reputation and brand.

Quotes in the article

Amazon.com Inc

AMZN

Warren Buffett says bitcoin is 'probably rat poison squared'

  Warren Buffett says bitcoin is 'probably rat poison squared' Warren Buffett is not a fan of investing in bitcoin. The Oracle of Omaha reiterated his negative view on the cryptocurrency, according to CNBC's Becky Quick.Tweet LinkBitcoin is "probably rat poison squared," he said. Buffett is presiding at the Berkshire HathawayBRK.A 2018 annual shareholder meeting on Saturday.In January Buffett warned investors about the craze over bitcoin and other cryptocurrencies in interview with CNBC."In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending," the chairman and CEO of Berkshire Hathaway said then.

Warren Buffett got into the investing game early. He bought his first stock — shares of Cities Service for apiece — at age 11. Since, the investing legend has amassed a fortune of billion and become one of the richest men in the world.

Even Buffett 's own personal tastes seem to color his stock picks. For instance, he is a big fan of If Buffett had been born 50 years later, his investing style would be the same, but his stock picks Buffett himself also recognized the power of digital advertising, noting that he should have bought

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Vitamins, minerals, and supplements are just commodities. No firm can patent vitamin C, so as you’d imagine, there’s a swarm of competitors from all corners fighting for a piece of the VMS pie.

Thus, just how has Jamieson been able to separate itself from the crowd to become the preferred brand of supplements for Canadians?

Canadians don’t just reach for the green-capped supplements in the pharmacy aisle because it’s their favourite colour. The Jamieson brand is built on many decades of trust, which has created a profound level of customer loyalty that continues to strengthen year after year. As a public company, Jamieson can really put its foot on the gas when it comes to marketing campaigns, thereby helping the company increase its Canadian VMS market share.

Warren Buffett’s three best investing tips — including 'margin of safety' — explained

  Warren Buffett’s three best investing tips — including 'margin of safety' — explained Warren Buffett believes investors should buy stocks within their "circle of competence" and at attractive values to succeed in the stock market.Buffett's track record is unparalleled. From 1965 to 2017, Berkshire Hathaway's rising market value generated a 20.9 percent annual return compared to S&P 500's 9.9 percent, resulting in a cumulative gain of 2,404,748 percent versus the market's 15,508 percent return.

And even better for warren Buffett , he has been PAID to use this OPM or borrow money. This further boosted his returns. You may be asking where in the world can someone be paid to borrow money? Well, there are several places. Insurance is one industry, only if you can underwrite profitably.

Warren Edward Buffett (born 30 August 1930) is an American investor and the CEO of Berkshire Hathaway. I call investing the greatest business in the world … because you never have to swing. You stand at the plate, the pitcher throws you General Motors at 47!

Many of us would grab the green-capped Jamieson vitamins without thinking too much of it, even though a far cheaper alternative may be right beside it. You could save a buck or two by going for a lesser-known competitor, but given the assurance of quality, the premium is well worth it for many consumers.

Supplements from other manufacturers as notorious for manufacturing less potent supplements that fail to live up to the promises to consumers. With various fillers being introduced into supplements, the actual amount of a particular supplement may be as low as 9% of the amount that’s stated on the actual bottle’s label according to JAMA Internal Medicine.

With this in mind, there’s no question that Jamieson’s investment in quality control allows its products to have a durable competitive advantage over many of its peers in the space. Warren Buffett loves firms with reputations for integrity. Combine that with its predictability, wide moat, and several long-term growth prospects and you have a business that Warren Buffett may have considered if he were domiciled in Canada.

Warren Buffett can't get enough of Apple

  Warren Buffett can't get enough of Apple The Oracle of Omaha and the Mac maker bought approximately 212 million shares combined in the first quarter.This morning, Buffett even went as far as to say that he'd like to own all of Apple if he could.

Would Warren Buffett buy Alphabet now? He told CNBC in a May 2017 interview that "if forced to buy The oracle of Omaha has been very complimentary of Amazon CEO Jeff Bezos, telling CNBC that However, Buffett added that he personally owns some shares of the financial services giant

These fours stocks might have been Buffett buys fifty years ago, when he was starting out and could benefit from small caps. These stocks might be able to provide the foundation of a new empire built on value investing for those seeking to follow in Buffett ’s footsteps.

Stay hungry. Stay Foolish.

Canada’s answer to Amazon.com

You’ve probably never even heard of this up-and-coming e-commerce powerhouse headquartered in Eastern Ontario…

But, despite coming public just last year, it’s already helping the likes of Budweiser… Tesla… Subway… and Red Bull move $9.9 BILLION (and counting) worth of goods online each year.

And now it’s caught the eye of the legendary investor who got behind Amazon.com in 1997 — just before it shot up over 23,000% and made investors like you and me rich beyond their wildest dreams.

Click here to discover why this investor says it’s time to buy.

Fool contributor Joey Frenette has no position in any of the stocks mentioned.

Buffett proposed to invest $3 billion in Uber, but talks failed - Bloomberg .
Billionaire investor Warren Buffett had proposed to invest $3 billion in Uber Technologies Inc [UBER.UL] earlier this year, but the talks failed following disagreements over the terms and size of the deal, Bloomberg reported on Wednesday, citing people familiar with the matter. © REUTERS/Lucas Jackson/File Photo FILE PHOTO - Investor Warren Buffet arrives for the premiere of the film "Wall Street: Money Never Sleeps" in New York Buffett's Berkshire Hathaway (BRKa.N) would have provided a convertible loan to Uber that would have protected Buffett's investment should the ride-hailing company hit financial crisis, the report said.

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