A Bloomberg survey marked the Oracle of Omaha the world's wisest investor.
No surprises here, Warren Buffett is still considered the wisest investor in town - at least according to the investors, traders, and analysts polled by Bloomberg. According to the report, legendary bond fund manager Bill Gross took the silver, and fellow billionaire George Soros came in third.
Consistency was key for Buffett, who took nearly one fourth of the votes. One Greenwich-based hedge fund manager told Bloomberg, there have been a lot of "one-hit wonders" in the last four decades, but "Warren Buffett has outlasted them all."
Berkshire Hathaway's (NYSE: BRK-A - News, BRK-B - News) investments have certainly been in good hands over the years, and with 13F filings beginning to trickle in, we aren't expecting too many drastic changes in Buffett's strategy. Buffett's top holdings at the start of the third quarter included financials Wells Fargo (NYSE: WFC - News), American Express (NYSE: AXP - News), and preferred shares of Goldman Sachs (NYSE: GS - News) that he picked up near market lows.
Consumer products plays Johnson & Johnson (NYSE: JNJ - News) and Procter & Gamble (NYSE: PG - News) were also a part of the Berkshire portfolio, and Coca Cola (NYSE: KO - News) represented nearly 20% of aggregate equity holdings.
Buffett's picks at the end of Q2 had no overlap with the then top-15 U.S.-listed holdings of the Soros Fund. Soros' opted for fertilizer stocks Monsanto (NYSE: MON - News) and Potash of Saskatchewan (NYSE: POT - News), as well as drug store Walgreens (NYSE: WAG - News) and electronics retailer Best Buy (NYSE: BBY - News).
As fresh holdings from the end of Q3 are reported to the SEC in the coming weeks, investors will be able to see the latest moves by these legendary investors, as well as about 3,000 other Pros at tickerspy.com.
Fun and informative, tickerspy.com is a free investing website where you can track multiple stock portfolios and compare against 250 proprietary Indexes tracking themes from stem cells to green energy to precious metals. Best of all, tickerspy.com lets you spy on the portfolios of nearly 3,000 Wall Street institutions and hedge funds and see graphs of their performance. Try tickerspy.com today and find out how you stack up against investing legends like Warren Buffett!
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