This post was last updated on February 14th, 2021 at 02:06 pm
Warren Buffet McDonald’s – The All Important Breakfast of This All American Business Icon
With a net worth of close to $84 billion, described as one of the richest men in the world and trading with some of the most outgoing companies in the world Warren Buffett is an investment icon. You cannot speak about successful investors and fail to mention this investment guru. You cannot talk about Warren Buffett for very long however, without mentioning his very iconic, albeit probably not very healthy, McDonald’s breakfast habit. It has been said that the Warren Buffett McDonalds routine is a Sausage Egg McMuffin every single morning, more on this routine down below, comment down below or subscribe to our blog for additional details and information.
What Warren Buffet does at Berkshire Hathaway
Warren Buffett seems to have been born with business in his genes. Instead of having Berkshire Hathaway as a holding company he uses it to invest in other businesses. For a long time, he has been buying, holding and selling companies in different industries using Berkshire Hathaway. Besides he has used Berkshire Hathaway to invest in various sectors such as banking, medicine, agriculture and many more.
Why does Warren Buffet own Coca Cola?
It is easy to say that Warren Buffett owns Coca Cola. He owns 400,000,000 shares which is a worth total of $16 billion. When translated to percentage ownership he has 9.4 %. The main reason why Buffet loves Coca Cola so much is that the company is efficient, well organized and is a reputable brand in the world. Besides he consumes much of his calories from coca cola soft drink, and this alone popularizes the brand.
Warren Buffet’s favorite stocks, To Go Alongside the Warren Buffett McDonalds Routine
Berkshire’s investment in this generic drug maker was first reported in 2017 and by the beginning of 2018 Berkshire had doubled its investment in Teva Pharmaceuticals. Owning around $ 850 million stocks in Teva Pharmaceuticals, it is expected that Buffett may continue to venture in this company.
Monsanto, an agricultural giant, can be added in Buffet’s most recent favorite stocks having added some 7.3 Million shares in 2017 which brought his total stock in the company to around 19 million.
Warren’s love for the banking industry cannot be overlooked having invested in more than seven different bank stocks. However, U.S Bancorp is his favorite in this industry.He has strict business principals, and U.S Bancorp is well known for its efficient operations, and therefore generates better profitability than most U.S banks. This could be one factor that endeared Warren to the bank and adding some 3.8 million shares.
Bank of New York and Mellon
It is estimated that Berkshire owns 62.2 million shares in this bank and this can be approximated to $3.5 billion.
Buffett’s favorite quotes
- It takes many years to build reputation but few minutes to ruin it.
- Price is what we pay. Value is what we get.
- Risk comes from not being aware of what you are doing.
- It is wise to hang out with individuals better than you; soon you drift in their direction.
Final Thoughts on the Iconic Warren Buffett McDonald’s Routine
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