Berkshire Hathaway Inc. (B)

It under-performed last year. It has a wonderful portfolio of assets. It should perform well in a strengthening economy. He would be a buyer here. They are able to make great purchases when the opportunities arise.

Offers great exposure to US banks, railroads, airlines as well as Apple. A nice collection of cyclicals. They sit on $130 billion in cash, great dry powder. Share have recently broken out. A great long term buy. (Analysts’ price target is $248.75)

The ultimate value stock. Money is going back into value stock and it is showing with a technical breakout. He started buying for clients last week. Their may be a temporary setback if Warren or Charlie are not longer there as he believes there are already many qualified people making the investment decisions these days. Yield 0% (Analysts’ price target is $248.75)

(A Top Pick Jan 22/19, Up 9%) A steady eddy, though not keeping up with the market. It's trading at the lowest price to book value in a long while. Buffett's successor is solid. They hold good companies. Not worried.

Value play, which has had a difficult time. Criticism that they've lost their way. Changing its stripes underneath the surface, but still a great business model. Rolling 10-year numbers have been declining, which is a bit of a concern. But he'd still own it. Pays no dividend, so it's almost like a tax shelter.

It's the perfect chart with the right people running it. He could buy this stock anytime. This applies to both the A and B stocks.

A lot of cash on the balance sheet, so by default you're going to underperform. To bet against Warren Buffet is a bad bet. There's a lot worse to own than this. Positive view. Good value in the long run. He prefers to own the individual parts.

Undervalued or properly valued? The problem is that investors focus on Buffet's stock investments, but they make up only a small part of the overall company. Buffet realized that he must look outside equities and buy companies, which he did and did it well. The stock is fairly valued. People focus too much that his stocks have undervalued in recent years. It's more important how Buffet runs his core businesses--that's the value of the company. In terms of sucession planning, no one is more brilliant than Buffet in running Berkshire. After he passes away, there may be fewer acquisitions.

Warren and Charlie are both long in the tooth. When one of them passes, he expects the stock could take a big hit. With a recession in the wind, this will get hit. He would be wary.

What if one of the principles doesn't wake up in the morning. What happens to the company. It is such a tough call so he is not in the stock.

It's a trade. It's market-sensitive and rangebound. He's buying around $195 and targets $220. Buy it around $200. It may or may not break-out. (Analysts’ price target is $241.25)

Warren Buffet is still the best investor of all time. However, it has become too big to have investments move the needle. A good blue-chip holding, but don't expect it to out perform the market.

They've underperformed for 10 years, but this could be a defensive--or value--play. Buffett has a war chest of $120 billion, probably waiting to spend it during the next recession. Great managers. They can ride out any economic weakness.

(A Top Pick May 24/19, Up 6%) A slow-moving stock. At $220 it will hit resistance, but it has momentum and will go higher.