According to InsiderMonkey Warren Buffett is the man. The Oracle of Omaha has been quoted and mirrored for decades. When he makes a call about a stock, the world sits up and listens, be it a long time bullish position in Coca-cola (or an eyebrow raising stake in International Business Machines. While he does make some shorter term plays, for the most part, when Warren Buffett buys into a stock, he holds on to it and watches the stock increase in value over time – after all, most stocks will increase in value if held long enough thanks to inflation. Many of Buffett’s picks pay dividends as well, further adding to the upside. A perfect example of this is Wal-Mart.
Wal-Mart is one of the largest positions in his portfolio. As of December 31, 2011, Buffett’s Berkshire Hathaway had over $2.33 billion invested in the company – and he isn’t alone in his enthusiasm. Wal-Mart is also very popular amongst the 350+ hedge funds we track. There were 42 hedge funds with Wal-Mart positions in their 13F portfolios at the end of last year. Besides Buffett, Boykin Curry, Ken Fisher, Jean-Marie Eveillard, Cliff Asness, and Tom Gayner were also bullish about Wal-Mart….
Find out more at http://www.insidermonkey.com/blog/2012/03/29/is-wal-mart-a-good-investment/
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