Berkshire Hathaway Inc. (B) (BRK.B)

Still one of the best ever. You'll get a portfolio of very good companies, but very heavily weighted to AAPL now. Still good at what they do. Question becomes about succession. Under Buffett, they'll always have too much cash, he will never overpay for something.

Core business is insurance. The float gets invested in its diverse portfolio, you can see the list online. Almost a play on the general economy. Probably strong management succession plans. You just need to take a long-term view on the overall economy. Takes away the decision making on securities, BRK does it for you.

No. If you purchase on a Canadian exchange, you're really just neutralizing the currency fluctuation of holding a US security.

His position is that holding US securities in USD is a benefit, as he wants exposure to the US dollar. He doesn't want to limit himself to an economy that represents 3% of the world's wealth. He encourages diversification at every level, including currency.

Likes it, but took profits because it's gone up a lot.

It is a challenging task to just pick 1 stock. Of course, we would never advise any investor to do so. That said, if we HAVE TO pick only one stock to invest the entire portfolio in 10 years without worrying too much about the volatility of the market, we think BRK.B would come to the top of the list due to its fortress balance sheet, a portfolio of well-diversified businesses, and slightly undervaluation. We think BRK.B could do well beyond Buffet, and has a decent chance of doing well against the S&P 500 (BRK.B tends to outperform in bear/flat market, and underperform in bull market).
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Old school tech, but tried and true. Berkshire's annual letter to shareholders came out on the weekend. Warren Buffett credited Charlie Munger with being the architect of BRK, while Buffett was more the general contractor. Credits Charlie with changing Warren's mindset from buying fair businesses at wonderful prices, to buying wonderful businesses at fair prices. 

That's what BRK has come to be about. Identifying, buying and owning quality companies over the longer term.

They've made a big move lately (up 72% in 3 years), but it remain strong and diverse, Wait for weakness to, say $370, to buy more. But if you like this long term, buy it today. Also consider KKR and Brookfield.

Standing on the shoulders of giants. Let other people make some choices for you. Once you buy it, no reason to ever sell unless it becomes too big a position in your portfolio.

We would be very comfortable buying BRK.B either through CDRs or directly. Lower interest rates should help the stock and also its likely ability to do acquisitions with its large cash balance. 
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Hard to bet against, fabulous history. He prefers to own the component parts, namely the top 3 holdings of AAPL, BAC, and CVX. This is not a coincidence, and avoids paying the premium to be part of the Berkshire family. Great management. He wouldn't argue too strongly against buying.

It is one of the best asset managers. Buying an asset manager is a good way to have someone else do this type of work and make good calls for you.

From 1965-2022 has returned 19.8% annually compounded, more than double the S&P, which itself is a good bet. Hold $150 billion cash (more than some countries) and can buy quality companies on the cheap like Chevron and Coca-Cola. If he could own only one stock, it would be this.

Continually outperforms the rest of the world. Cash hoard of $150B, so they can jump first on any opportunities. Transition to a younger management team is being really well executed. Unique business.

Excellent company with best capital allocation in the world.
Owner/operator led (Warren Buffett who is not slowing down).
Large amounts of free cash on the balance sheet.
Operating income hitting records ($10 billion).
Excellent array of business' under ownership.

When you don't know what to do, invest in an asset manager like this or BAM-T. BRK is timely because it holds a lot of insurance which has benefit from rising interest rates. It holds $150 billion cash and Warren Buffett will figure out how to deploy that. Buy a half position.