Reported 4 months ago
In Berkshire Hathaway's first-quarter filings, Warren Buffett's secret stock investment was finally revealed to be in Chubb Limited (NYSE: CB). This move aligns with Buffett's affinity for insurance businesses due to their reliable and predictable nature in generating cash flow and dividends. Compared to the volatile market sentiment towards high-growth opportunities, Chubb's stable performance and value proposition make it an appealing investment choice, supported by its consistent free cash flow growth and dividend increases over the years.
Source: YAHOO