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2021-02-26

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How to Invest Like Warren Buffett in 2021<blockquote>2021 年如何像沃伦·巴菲特一样投资</blockquote>

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{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":368940842,"tweetId":"368940842","gmtCreate":1614276595586,"gmtModify":1703475779261,"author":{"id":3573309307115410,"idStr":"3573309307115410","authorId":3573309307115410,"authorIdStr":"3573309307115410","name":"許湘婷SERENEKOH","avatar":"https://static.tigerbbs.com/1ee18d625e159a9b77abc1bf18e52d7b","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[],"fanSize":18,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"title":"","extraTitle":"","html":"<html><head></head><body>[比心]&nbsp; </body></html>","htmlText":"<html><head></head><body>[比心]&nbsp; </body></html>","text":"[比心]","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/368940842","repostId":1126511801,"repostType":4,"repost":{"id":"1126511801","kind":"news","pubTimestamp":1614242894,"share":"https://www.laohunote.com/m/news/1126511801?lang=zh_CN&edition=full","pubTime":"2021-02-25 16:48","market":"us","language":"en","title":"How to Invest Like Warren Buffett in 2021<blockquote>2021 年如何像沃伦·巴菲特一样投资</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1126511801","media":"Motley Fool","summary":"There are multiple ways to invest like The Oracle of Omaha.Warren Buffett stands as one of history's","content":"There are multiple ways to invest like The Oracle of Omaha.<blockquote>像奥马哈先知一样，有多种投资方式。</blockquote>Warren Buffett stands as one of history's most successful investors. His incredible market-beating tenure as CEO of&nbsp;Berkshire Hathaway&nbsp;(NYSE:BRK.A)(NYSE:BRK.B)&nbsp;and the market-beating investment choices he has made during that time have earned him the moniker The Oracle of Omaha, and it's not hard to see why Buffett's investing advice and stock moves are so closely followed.<blockquote>沃伦·巴菲特是历史上最成功的投资者之一。他令人难以置信的击败市场的首席执行官任期伯克希尔哈撒韦公司（纽约证券交易所股票代码：BRK.A）（纽约证券交易所股票代码：BRK.B）以及他在此期间做出的战胜市场的投资选择为他赢得了“奥马哈先知”的绰号，不难理解为什么巴菲特的投资建议和股票走势受到如此密切关注。</blockquote>With a combination of uncertainty and opportunity currently on the stock market horizon, there are good reasons to turn to one of the investing world's all-time greats for some potential insight.<blockquote>目前股市的不确定性和机遇并存，有充分的理由向投资界有史以来最伟大的人物之一寻求一些潜在的见解。</blockquote>Make your picks with the long term in mind<blockquote>从长远考虑做出选择</blockquote>Warren Buffett has famously said that his favorite period for owning a stock is \"forever.\" That doesn't mean that he never sells shares, but his long-term approach to investing has been a huge part of his success through the years.<blockquote>沃伦·巴菲特有一句名言，他最喜欢持有股票的时期是“永远”。这并不意味着他从不出售股票，但他的长期投资方法是他多年来成功的重要组成部分。</blockquote>Under Buffett's guidance since 1965, Berkshire has notched average annual growth of 20.3%, absolutely crushing the return for the broader market over the same time period. The conglomerate ended last year having outperformed the&nbsp;S&amp;P 500&nbsp;index by roughly 2,700,000% since Buffett assumed leadership of the company, and his steady, quality-focused approach to investing played a big role in that.<blockquote>自1965年以来，在巴菲特的指导下，伯克希尔的年均增长率为20.3%，绝对碾压了同期大盘的回报。该企业集团去年年底的表现优于标普500自巴菲特担任公司领导职务以来，指数上涨了约 2,700,000%，他稳定、注重质量的投资方法在其中发挥了重要作用。</blockquote>Investors should be concentrating on high-quality businesses with competitive advantages and ongoing opportunities that position their portfolio to thrive over the long term. This bit of wisdom is summed up by one of Buffett's most frequently quoted bits of wisdom: \"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.\"<blockquote>投资者应专注于具有竞争优势和持续机会的高质量业务，使其投资组合能够长期蓬勃发展。巴菲特最常被引用的一句智慧总结了这一点：“以合理的价格收购一家优秀的公司，远比以美好的价格收购一家优秀的公司要好得多。”</blockquote>While backing cheap stocks that have struggling underlying businesses or chasing volatile pricing swings can sometimes result in big wins, these successes are difficult to repeat consistently. Timing the market is incredibly hard. Investing in strong companies with a buy-to-hold approach will put you on the path to superior performance over the long term.<blockquote>虽然支持基础业务陷入困境或追逐价格波动波动的廉价股票有时会带来巨大胜利，但这些成功很难持续重复。把握市场时机非常困难。以买入持有的方式投资实力雄厚的公司将使您走上通往长期卓越业绩的道路。</blockquote>What moves have Buffett and Berkshire been making?<blockquote>巴菲特和伯克希尔一直在采取什么行动？</blockquote>If you want to extend the goal of investing like Buffett beyond simply incorporating his approach to analyzing, buying, and holding stocks, then looking at Berkshire Hathaway's recent moves will show you how to do that. Berkshire is required to file a disclosure of its holdings each quarter in a document known as a 13F. Investors can reference these documents in order to see which stocks Buffett's company has bought and sold across the previous quarter.<blockquote>如果您想将像巴菲特一样投资的目标扩展到简单地融入他分析、购买和持有股票的方法之外，那么看看伯克希尔哈撒韦公司最近的举动就会告诉您如何做到这一点。伯克希尔必须每季度在一份称为 13F 的文件中披露其持有的股份。投资者可以参考这些文件，以了解巴菲特的公司在上一季度买卖了哪些股票。</blockquote>There are a couple of different ways that investors can go about replicating its investment strategies. One of these is to follow Berkshire's biggest recent buys. The table below shows thestock purchasesdetailed in its most recent 13F filing, which was published on Feb. 16 and represents the company's positions as of Dec. 31, 2020.<blockquote>投资者可以通过几种不同的方式复制其投资策略。其中之一是跟踪伯克希尔最近最大的收购。下表显示了其最近的 13F 文件中详述的股票购买情况，该文件于 2 月 16 日发布，代表了该公司截至 2020 年 12 月 31 日的头寸。</blockquote><img src=\"https://static.tigerbbs.com/de4600d3ccf2accb2b09a197c2bc7e88\" tg-width=\"888\" tg-height=\"716\" referrerpolicy=\"no-referrer\"><blockquote></blockquote>Of the recent purchases, Verizon, Chevron, Marsh &amp; McLennan, and E.W. Scripps were entirely new additions to the Berkshire portfolio, while the firm increased positions in the other companies on the list.<blockquote>在最近的收购中，威瑞森、雪佛龙、达信&amp;麦克伦南和E.W。斯克里普斯是伯克希尔投资组合的全新成员，而该公司增加了名单上其他公司的头寸。</blockquote>Investors can also replicate Buffett's approach by building positions in Berkshire's biggest overall stock positions, includingApple,Bank of America,Coca-Cola,American Express, andKraft Heinz.&nbsp;Looking at the overlap between the company's biggest recent buys and largest overall holdings, Berkshire's highest-conviction stock pick in the last quarter appears to be Verizon. It made a huge purchase of the&nbsp;telecom&nbsp;giant's stock in the fourth quarter, quickly making it the company's sixth-largest overall stock holding.<blockquote>投资者还可以复制巴菲特的方法，在伯克希尔最大的整体股票头寸中建仓，包括苹果,美国银行,可口可乐,美国运通，和卡夫亨氏从该公司最近最大的买入和最大的整体持股之间的重叠来看，伯克希尔上季度最值得信赖的股票似乎是威瑞森。该公司在第四季度大量购买了这家电信巨头的股票，很快使其成为该公司第六大总持股。</blockquote>One more way to invest like Buffett in 2021<blockquote>2021 年像巴菲特一样投资的另一种方式</blockquote>The other obvious way to invest like Buffett is to buy Berkshire Hathaway stock. The company invested more in buying its own shares than any other stock or asset over the trailing-12-month reporting period. That's a strong indication Buffett believes his company's shares are undervalued.<blockquote>像巴菲特一样投资的另一个明显方法是购买伯克希尔哈撒韦公司的股票。在过去 12 个月的报告期内，该公司在购买自身股票方面的投资超过了任何其他股票或资产。这强烈表明巴菲特认为他的公司股票被低估了。</blockquote>Berkshire Hathaway stock gives investors a simplified avenue to building a diversified position in a wide range of holdings. In addition to its publicly traded stocks and real estate ventures, the company also has full ownership of businesses including GEICO, See's Candies, and Duracell, among others.<blockquote>伯克希尔哈撒韦公司的股票为投资者提供了一个简化的途径，可以在广泛的持股中建立多元化的头寸。除了公开交易的股票和房地产企业外，该公司还完全拥有 GEICO、See's Candies 和 Duracell 等业务。</blockquote>While Berkshire's somewhat conservative approach has meant that it's lagged broader-market performance in recent years as high-growth tech stocks have scored big wins, the investment firm has one of the best management teams in the financial industry.<blockquote>尽管伯克希尔哈撒韦公司有些保守的做法意味着近年来随着高增长科技股取得巨大成功，其表现落后于大盘，但这家投资公司拥有金融行业最好的管理团队之一。</blockquote>The market could be primed for substantial volatility through the rest of the year, and keeping an eye on the evolving strategies of one of history's most-successful, value-focused money men continues to be a good idea. Investors will be able to get an even closer look at Buffett's thinking when Berkshire publishes its annual shareholder letter at the end of this month.<blockquote>今年剩余时间里，市场可能会出现大幅波动，密切关注历史上最成功、注重价值的金融家之一的不断演变的策略仍然是一个好主意。当伯克希尔哈撒韦公司本月底发布年度股东信时，投资者将能够更仔细地了解巴菲特的想法。</blockquote>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How to Invest Like Warren Buffett in 2021<blockquote>2021 年如何像沃伦·巴菲特一样投资</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow to Invest Like Warren Buffett in 2021<blockquote>2021 年如何像沃伦·巴菲特一样投资</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nMotley Fool2021-02-25 16:48\n\n</h4>\n</header>\n<article>\nThere are multiple ways to invest like The Oracle of Omaha.<blockquote>像奥马哈先知一样，有多种投资方式。</blockquote>Warren Buffett stands as one of history's most successful investors. His incredible market-beating tenure as CEO of&nbsp;Berkshire Hathaway&nbsp;(NYSE:BRK.A)(NYSE:BRK.B)&nbsp;and the market-beating investment choices he has made during that time have earned him the moniker The Oracle of Omaha, and it's not hard to see why Buffett's investing advice and stock moves are so closely followed.<blockquote>沃伦·巴菲特是历史上最成功的投资者之一。他令人难以置信的击败市场的首席执行官任期伯克希尔哈撒韦公司（纽约证券交易所股票代码：BRK.A）（纽约证券交易所股票代码：BRK.B）以及他在此期间做出的战胜市场的投资选择为他赢得了“奥马哈先知”的绰号，不难理解为什么巴菲特的投资建议和股票走势受到如此密切关注。</blockquote>With a combination of uncertainty and opportunity currently on the stock market horizon, there are good reasons to turn to one of the investing world's all-time greats for some potential insight.<blockquote>目前股市的不确定性和机遇并存，有充分的理由向投资界有史以来最伟大的人物之一寻求一些潜在的见解。</blockquote>Make your picks with the long term in mind<blockquote>从长远考虑做出选择</blockquote>Warren Buffett has famously said that his favorite period for owning a stock is \"forever.\" That doesn't mean that he never sells shares, but his long-term approach to investing has been a huge part of his success through the years.<blockquote>沃伦·巴菲特有一句名言，他最喜欢持有股票的时期是“永远”。这并不意味着他从不出售股票，但他的长期投资方法是他多年来成功的重要组成部分。</blockquote>Under Buffett's guidance since 1965, Berkshire has notched average annual growth of 20.3%, absolutely crushing the return for the broader market over the same time period. The conglomerate ended last year having outperformed the&nbsp;S&amp;P 500&nbsp;index by roughly 2,700,000% since Buffett assumed leadership of the company, and his steady, quality-focused approach to investing played a big role in that.<blockquote>自1965年以来，在巴菲特的指导下，伯克希尔的年均增长率为20.3%，绝对碾压了同期大盘的回报。该企业集团去年年底的表现优于标普500自巴菲特担任公司领导职务以来，指数上涨了约 2,700,000%，他稳定、注重质量的投资方法在其中发挥了重要作用。</blockquote>Investors should be concentrating on high-quality businesses with competitive advantages and ongoing opportunities that position their portfolio to thrive over the long term. This bit of wisdom is summed up by one of Buffett's most frequently quoted bits of wisdom: \"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.\"<blockquote>投资者应专注于具有竞争优势和持续机会的高质量业务，使其投资组合能够长期蓬勃发展。巴菲特最常被引用的一句智慧总结了这一点：“以合理的价格收购一家优秀的公司，远比以美好的价格收购一家优秀的公司要好得多。”</blockquote>While backing cheap stocks that have struggling underlying businesses or chasing volatile pricing swings can sometimes result in big wins, these successes are difficult to repeat consistently. Timing the market is incredibly hard. Investing in strong companies with a buy-to-hold approach will put you on the path to superior performance over the long term.<blockquote>虽然支持基础业务陷入困境或追逐价格波动波动的廉价股票有时会带来巨大胜利，但这些成功很难持续重复。把握市场时机非常困难。以买入持有的方式投资实力雄厚的公司将使您走上通往长期卓越业绩的道路。</blockquote>What moves have Buffett and Berkshire been making?<blockquote>巴菲特和伯克希尔一直在采取什么行动？</blockquote>If you want to extend the goal of investing like Buffett beyond simply incorporating his approach to analyzing, buying, and holding stocks, then looking at Berkshire Hathaway's recent moves will show you how to do that. Berkshire is required to file a disclosure of its holdings each quarter in a document known as a 13F. Investors can reference these documents in order to see which stocks Buffett's company has bought and sold across the previous quarter.<blockquote>如果您想将像巴菲特一样投资的目标扩展到简单地融入他分析、购买和持有股票的方法之外，那么看看伯克希尔哈撒韦公司最近的举动就会告诉您如何做到这一点。伯克希尔必须每季度在一份称为 13F 的文件中披露其持有的股份。投资者可以参考这些文件，以了解巴菲特的公司在上一季度买卖了哪些股票。</blockquote>There are a couple of different ways that investors can go about replicating its investment strategies. One of these is to follow Berkshire's biggest recent buys. The table below shows thestock purchasesdetailed in its most recent 13F filing, which was published on Feb. 16 and represents the company's positions as of Dec. 31, 2020.<blockquote>投资者可以通过几种不同的方式复制其投资策略。其中之一是跟踪伯克希尔最近最大的收购。下表显示了其最近的 13F 文件中详述的股票购买情况，该文件于 2 月 16 日发布，代表了该公司截至 2020 年 12 月 31 日的头寸。</blockquote><img src=\"https://static.tigerbbs.com/de4600d3ccf2accb2b09a197c2bc7e88\" tg-width=\"888\" tg-height=\"716\" referrerpolicy=\"no-referrer\"><blockquote></blockquote>Of the recent purchases, Verizon, Chevron, Marsh &amp; McLennan, and E.W. Scripps were entirely new additions to the Berkshire portfolio, while the firm increased positions in the other companies on the list.<blockquote>在最近的收购中，威瑞森、雪佛龙、达信&amp;麦克伦南和E.W。斯克里普斯是伯克希尔投资组合的全新成员，而该公司增加了名单上其他公司的头寸。</blockquote>Investors can also replicate Buffett's approach by building positions in Berkshire's biggest overall stock positions, includingApple,Bank of America,Coca-Cola,American Express, andKraft Heinz.&nbsp;Looking at the overlap between the company's biggest recent buys and largest overall holdings, Berkshire's highest-conviction stock pick in the last quarter appears to be Verizon. It made a huge purchase of the&nbsp;telecom&nbsp;giant's stock in the fourth quarter, quickly making it the company's sixth-largest overall stock holding.<blockquote>投资者还可以复制巴菲特的方法，在伯克希尔最大的整体股票头寸中建仓，包括苹果,美国银行,可口可乐,美国运通，和卡夫亨氏从该公司最近最大的买入和最大的整体持股之间的重叠来看，伯克希尔上季度最值得信赖的股票似乎是威瑞森。该公司在第四季度大量购买了这家电信巨头的股票，很快使其成为该公司第六大总持股。</blockquote>One more way to invest like Buffett in 2021<blockquote>2021 年像巴菲特一样投资的另一种方式</blockquote>The other obvious way to invest like Buffett is to buy Berkshire Hathaway stock. The company invested more in buying its own shares than any other stock or asset over the trailing-12-month reporting period. That's a strong indication Buffett believes his company's shares are undervalued.<blockquote>像巴菲特一样投资的另一个明显方法是购买伯克希尔哈撒韦公司的股票。在过去 12 个月的报告期内，该公司在购买自身股票方面的投资超过了任何其他股票或资产。这强烈表明巴菲特认为他的公司股票被低估了。</blockquote>Berkshire Hathaway stock gives investors a simplified avenue to building a diversified position in a wide range of holdings. In addition to its publicly traded stocks and real estate ventures, the company also has full ownership of businesses including GEICO, See's Candies, and Duracell, among others.<blockquote>伯克希尔哈撒韦公司的股票为投资者提供了一个简化的途径，可以在广泛的持股中建立多元化的头寸。除了公开交易的股票和房地产企业外，该公司还完全拥有 GEICO、See's Candies 和 Duracell 等业务。</blockquote>While Berkshire's somewhat conservative approach has meant that it's lagged broader-market performance in recent years as high-growth tech stocks have scored big wins, the investment firm has one of the best management teams in the financial industry.<blockquote>尽管伯克希尔哈撒韦公司有些保守的做法意味着近年来随着高增长科技股取得巨大成功，其表现落后于大盘，但这家投资公司拥有金融行业最好的管理团队之一。</blockquote>The market could be primed for substantial volatility through the rest of the year, and keeping an eye on the evolving strategies of one of history's most-successful, value-focused money men continues to be a good idea. Investors will be able to get an even closer look at Buffett's thinking when Berkshire publishes its annual shareholder letter at the end of this month.<blockquote>今年剩余时间里，市场可能会出现大幅波动，密切关注历史上最成功、注重价值的金融家之一的不断演变的策略仍然是一个好主意。当伯克希尔哈撒韦公司本月底发布年度股东信时，投资者将能够更仔细地了解巴菲特的想法。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.fool.com/investing/2021/02/24/how-to-invest-like-warren-buffett-in-2021/\">Motley Fool</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CVX":"雪佛龙","SSP":"E.W. Scripps Co Cl A",".SPX":"S&P 500 Index","ABBV":"艾伯维公司","RH":"RH","BRK.A":"伯克希尔","KR":"克罗格","VZ":"Verizon Comms",".DJI":"道琼斯","MRK":"默沙东","TMUS":"T-Mobile US Inc","BRK.B":"伯克希尔B",".IXIC":"NASDAQ Composite"},"source_url":"https://www.fool.com/investing/2021/02/24/how-to-invest-like-warren-buffett-in-2021/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126511801","content_text":"There are multiple ways to invest like The Oracle of Omaha.Warren Buffett stands as one of history's most successful investors. His incredible market-beating tenure as CEO of Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) and the market-beating investment choices he has made during that time have earned him the moniker The Oracle of Omaha, and it's not hard to see why Buffett's investing advice and stock moves are so closely followed.With a combination of uncertainty and opportunity currently on the stock market horizon, there are good reasons to turn to one of the investing world's all-time greats for some potential insight.Make your picks with the long term in mindWarren Buffett has famously said that his favorite period for owning a stock is \"forever.\" That doesn't mean that he never sells shares, but his long-term approach to investing has been a huge part of his success through the years.Under Buffett's guidance since 1965, Berkshire has notched average annual growth of 20.3%, absolutely crushing the return for the broader market over the same time period. The conglomerate ended last year having outperformed the S&P 500 index by roughly 2,700,000% since Buffett assumed leadership of the company, and his steady, quality-focused approach to investing played a big role in that.Investors should be concentrating on high-quality businesses with competitive advantages and ongoing opportunities that position their portfolio to thrive over the long term. This bit of wisdom is summed up by one of Buffett's most frequently quoted bits of wisdom: \"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.\"While backing cheap stocks that have struggling underlying businesses or chasing volatile pricing swings can sometimes result in big wins, these successes are difficult to repeat consistently. Timing the market is incredibly hard. Investing in strong companies with a buy-to-hold approach will put you on the path to superior performance over the long term.What moves have Buffett and Berkshire been making?If you want to extend the goal of investing like Buffett beyond simply incorporating his approach to analyzing, buying, and holding stocks, then looking at Berkshire Hathaway's recent moves will show you how to do that. Berkshire is required to file a disclosure of its holdings each quarter in a document known as a 13F. Investors can reference these documents in order to see which stocks Buffett's company has bought and sold across the previous quarter.There are a couple of different ways that investors can go about replicating its investment strategies. One of these is to follow Berkshire's biggest recent buys. The table below shows thestock purchasesdetailed in its most recent 13F filing, which was published on Feb. 16 and represents the company's positions as of Dec. 31, 2020.Of the recent purchases, Verizon, Chevron, Marsh & McLennan, and E.W. Scripps were entirely new additions to the Berkshire portfolio, while the firm increased positions in the other companies on the list.Investors can also replicate Buffett's approach by building positions in Berkshire's biggest overall stock positions, includingApple,Bank of America,Coca-Cola,American Express, andKraft Heinz. Looking at the overlap between the company's biggest recent buys and largest overall holdings, Berkshire's highest-conviction stock pick in the last quarter appears to be Verizon. It made a huge purchase of the telecom giant's stock in the fourth quarter, quickly making it the company's sixth-largest overall stock holding.One more way to invest like Buffett in 2021The other obvious way to invest like Buffett is to buy Berkshire Hathaway stock. The company invested more in buying its own shares than any other stock or asset over the trailing-12-month reporting period. That's a strong indication Buffett believes his company's shares are undervalued.Berkshire Hathaway stock gives investors a simplified avenue to building a diversified position in a wide range of holdings. In addition to its publicly traded stocks and real estate ventures, the company also has full ownership of businesses including GEICO, See's Candies, and Duracell, among others.While Berkshire's somewhat conservative approach has meant that it's lagged broader-market performance in recent years as high-growth tech stocks have scored big wins, the investment firm has one of the best management teams in the financial industry.The market could be primed for substantial volatility through the rest of the year, and keeping an eye on the evolving strategies of one of history's most-successful, value-focused money men continues to be a good idea. Investors will be able to get an even closer look at Buffett's thinking when Berkshire publishes its annual shareholder letter at the end of this month.","news_type":1,"symbols_score_info":{"TMUS":0.9,"KR":0.9,"ABBV":0.9,"RH":0.9,"VZ":0.9,"CVX":0.9,".SPX":0.9,"MMC":0.9,"SSP":0.9,".IXIC":0.9,"BRK.A":0.9,"BRK.B":0.9,".DJI":0.9,"MRK":0.9}},"isVote":1,"tweetType":1,"viewCount":4157,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":6,"subscribersOnly":false,"subscribersOnlyAccessible":false,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/368940842"}