Warren Buffett, widely regarded as one of the greatest investors of all time, has built his fortune through a conservative approach to investing. Unlike many investors chasing after the hottest growth stocks on the market, Buffett's strategy focuses on long-term value and sustainable businesses. This has led to his success as the chairman and CEO of Berkshire Hathaway, a multinational conglomerate holding company.
Buffett's portfolio is well-known for its concentration in traditional industries such as insurance, banking, and consumer goods. However, in recent years, he has also made some notable investments in growth stocks. One of the prominent examples is his allocation to Nvidia, a leading semiconductor company. With the rapid advancement of technology, Buffett recognized the potential of Nvidia's products and its dominance in the gaming and data center markets.
Another growth stock in Buffett's portfolio is Coupang, a South Korean e-commerce company. Coupang's innovative approach to online retail and its dominant market share in South Korea captured Buffett's attention. Recognizing the long-term growth potential in the e-commerce industry, Buffett made a substantial investment in Coupang.