Did Warren Buffet become rich by investing in income or growth stocks?
Public Comments
- Warren Buffet became wealthy because he knows how to spot a good business at a bargin price. It really is that simple.
- growth - and he bought many entire companies and held onto them for many years/decades
- Warren Buffett is a value investor. Value investing is usually thought of as the opposite of growth investing. See the link.
- His portfolio consists currently chiefly of blue chip stocks of income nature. His largest holding is KO which raises its dividend annually and until very recently paid better than 3%--better than 10 year government bonds and also of better quality. He also has large positions in JNJ, PG, COP, GE all paying 3% or about. But KO is 25% of his holdings.
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