GuruFocus hosts a contest every quarter in which people can guess the stocks they think Warren Buffett (Trades, Portfolio) might have bought.
The 3rd-quarter contest begins today and ends at 4 p.m. New York Eastern Time Thursday Nov. 14. To participate, pick ONLY THREE stocks you think he purchased between July 1 and Sept. 30, 2024 and post them into the “comments” section below this article. Submissions with greater than or less than three guesses will be disqualified. Submissions that are published after the contest closes on Nov. 14 will also be disqualified.
Yes, the contest does include stocks his two portfolio managers, Ted Weschler and Todd Combs, may also have purchased. It does NOT include, however, the share repurchases of Berkshire Hathaway Inc. (BRK.A, Financial)(BRK.B, Financial).
Those who guess correctly will win a signed copy of GuruFocus founder Charlie Tian's highly rated book, “Invest Like a Guru.”
Berkshire Hathaway will release Buffett's equity portfolio of second-quarter buys and sells on or around Nov. 15. We will announce the winner(s) shortly after that.
For the second quarter, Berkshire announced new holdings in Ulta Beauty Inc. (ULTA, Financial) and Heico Corp. (HEI.A, Financial). The insurance conglomerate also announced position boosts to Occidental Petroleum Corp. and Liberty SiriusXM Group.
Berkshire also announced that it sold shares in Apple Inc. (AAPL, Financial) and Bank of America Corp. (BAC, Financial).
What did it do in the third quarter? You tell us.
For more inspiration, see Buffett's portfolio here.
Do not forget to add your guesses in the comments below.
Good luck!
