"Hurry slowly" - this motto perfectly suits the 94-year-old legendary investor, who, in 2025, while American billionaires are losing their fortunes, remains in the black. According to the Bloomberg Billionaires Index, in 2025, Warren Buffett's wealth increased by $22.4 billion. He became the only one among the ten richest people in the world to increase his wealth this year. Many investors see a refuge from the market downturn in the reliable stocks of his holding company Berkshire Hathaway, which have risen by 9% since the beginning of the year.
Selling stocks and increasing cash
Warren Buffett is a value investor. He seeks to buy stocks at a discount to their intrinsic value. This helps the billionaire profit from crises. For example, during 2008-2009, he invested $26 billion in five deals. Buffett believes that sharp sell-offs in the market that occur during crises open up excellent opportunities to acquire promising stocks at attractive prices. If you are a qualified investor looking to buy undervalued American stocks, the "Segregated Global" account from "Finam" allows you to diversify investments through access to over 20,000 instruments on U.S. exchanges.
However, in recent years, as noted by Business Insider, due to rising prices in the market, Buffett has not been able to afford to buy stocks, acquire companies, or even repurchase shares of his own holding company Berkshire Hathaway.
On the contrary, in the last two years, the legendary investor has sold stocks worth $158 billion, including reducing his stake in Apple and Bank of America, whose shares fell after American President Donald Trump imposed tariffs and escalated the trade war with China.
Berkshire's cash has tripled: from $110 billion in September 2022 to a record $334 billion in April 2025.
Investors are watching closely: Buffett is clearly preparing to buy undervalued stocks in the sell-off. However, so far the "Oracle of Omaha" is waiting and investing little. His future investment plans will become known either in May when the Berkshire Hathaway meeting takes place or during the holding's portfolio update in August 2025.
Buffett's largest assets in 2025
In his investment strategy, Warren Buffett has always tried to focus on the few securities he believed in and avoid excessive diversification of the portfolio.
"Diversification is a protection against ignorance. It makes little sense if you know what you're doing," Buffett believes. In 2025, the stock portfolio of Berkshire is estimated at $269 billion. Here are the five largest assets in it.
The stake in Apple Inc. is valued at $60.27 billion. At its peak, it accounted for 40% of Berkshire's portfolio, but after a recent sell-off, it has significantly declined. In a letter to shareholders written in February 2025, Buffett noted that he still retains confidence in the stock and the company's potential.
The share of financial company American Express in Berkshire's portfolio is valued at $38.24 billion. Buffett has not sold a single share of American Express since he started buying them in 1991.
The share of Bank of America is valued at $25.92 billion. Although in the last quarter of 2024 Buffett reduced his stake in Bank of America by about 15%, he still owns more than 680 million shares of the bank, which account for 9.7% of Berkshire's portfolio.
Coca-Cola, with a stake of $29.7 billion, has also become one of the "evergreen" stocks in Berkshire's portfolio. Buffett first acquired shares of the company in 1988 and has not sold a single one since.
Unlike other major assets of Buffett, shares of the largest energy company in the U.S., Chevron, appeared in Berkshire's portfolio relatively recently. Berkshire first bought them at the end of 2020. Since then, Chevron's share in the holding's portfolio has grown to $16.36 billion.
New shares in Berkshire's portfolio
In a letter to shareholders in February 2025, Buffett explained why he holds such a large cash position, stating that no stock in the market looks attractive. Nevertheless, since then he has already made a couple of new acquisitions.
First of all, Berkshire bought a new stake in American beer producer Constellation Brands. This purchase became the holding's first major investment in the alcohol industry. Constellation owns the most popular beer brands in America, including Corona and Modelo Especial. The latter surpassed Bud Light in 2023 to become the best-selling beer in America.
In addition, Buffett's holding has purchased more shares of Domino's Pizza, the world's largest pizza company. The first batch of Domino's Pizza shares was acquired recently, in mid-2024, and now Buffett has decided to increase his stake. Domino's operates more than 20,000 pizzerias in 90 countries, using a franchising model that provides a high return on invested capital. Its business fits well within the investment model of Berkshire Hathaway.
Such is life. While the American stock market is in chaos, the richest people in the world are losing billions, the legendary Warren Buffett is back in the saddle, calmly observing the general turmoil, buying beer and pizza, and carefully considering which other undervalued stocks to invest in.