5 Best Long Term Stocks to Buy According to Hedge Funds

4. Berkshire Hathaway Inc. (NYSE:BRK-B)

Number of Hedge Fund Holders: 126

Berkshire Hathaway Inc. (NYSE:BRK-B) is one of the best long term stocks to buy according to hedge funds. On June 2, Berkshire Hathaway Specialty Insurance/BHSI promoted Ben Wyatt to Head of Marine for North America and the UK, effective immediately. In his expanded role, Wyatt will oversee underwriting, strategy, and portfolio management across these regions to create a more unified global platform. He will work closely with Nick Holding during a transition period as Holding prepares for retirement.

The company is also bolstering its US Marine leadership team with the promotions of Gregg Shannon and Jim Norman to Vice President roles within Inland Marine. These changes follow the recent hiring of Kevin Kempf as Vice President of Ocean Marine Cargo. Together, these moves are designed to increase underwriting consistency and strengthen BHSI’s service delivery for brokers and customers.

BHSI continues to grow its suite of Inland and Ocean Marine products, ranging from Builders Risk to Motor Truck Cargo. By aligning its leadership and expertise across key markets, the company aims to provide more flexible, tailored solutions to meet the evolving needs of its clients while leveraging its financial strength and underwriting discipline.

Berkshire Hathaway Inc. (NYSE:BRK-B) is an American conglomerate that owns a portfolio of businesses in diverse industries. It has footprints in insurance, energy, railroads, manufacturing, and services sectors. Berkshire also owns significant stakes in many blue-chip companies.