Here Are This Elite Fund’s Top Stock Picks

#1 Berkshire Hathaway Inc. (NYSE:BRK.B)

Shares held (as of September 30): 258,533
Total Value (as of September 30): $35.53 million
Percent of Portfolio (as of September 30): 21.27%

It’s impossible to beat the market every year, as there are always unpredictable events that will spoil every perfectly thought out plan. For Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK.B), 2015 may be one of those laggard years, as shares are down 11.5% year-to-date. In terms of Warren Buffett’s preferred metric of performance, however, Berkshire Hathaway’s performance is still okay, with a book value rising by 3.3% year-over-year. At some point, the giant will grow too big to beat the market consistently and management will do what every other mature company does by paying a dividend and buying back stock. That time hasn’t come yet, however, and won’t as long as Warren Buffett is around.

Disclosure: none