Reported 12 months ago
Warren Buffett, one of the greatest investors of all time, is currently investing billions in two stocks that exhibit strong network effects, a key characteristic he looks for in businesses. These two stocks, Visa and Mastercard, have been successful due to their dominance in the credit and debit card market, controlling 86.5% of the U.S. market. Both companies have shown consistent growth and are considered compelling opportunities for investors, trading at reasonable earnings multiples compared to the S&P 500. Berkshire Hathaway's investments in these two stocks have been lucrative, making them attractive choices to follow in Buffett's footsteps.
Source: YAHOO