"Buffett's "secret portfolio" comes from a company called New England Asset Management, itself owned by Berkshire Hathaway. It contains a large roster of interesting exchange-traded funds. These are worth looking into if you like ETFs more and don't want to actively invest and shuffle through dozens of individual stocks. Do note that the top two holdings are , . Both combine to a 16.13% exposure to the S&P 500."
"The iShares Core MSCI EAFE ETF is designed to give you one-stop exposure to developed-market stocks outside the U.S. and Canada. It does this by tracking the MSCI EAFE IMI Index. You're targeting stocks in countries all over Europe, plus Australia, New Zealand, Japan, Taiwan, South Korea... essentially the first-world countries. What this does is separate you from all the risks that come with targeting non-developed countries. They come with pitfalls such as unstable currencies and political environments that make doing business there precarious."
Berkshire Hathaway owns New England Asset Management, which maintains a separate "secret portfolio" of exchange-traded funds. That portfolio includes large ETFs such as the iShares Core MSCI EAFE (IEFA) and the Vanguard High Dividend Yield ETF (VYM). The top two holdings together provide 16.13% exposure to the S&P 500. The three ETFs discussed are the third, fourth, and fifth largest holdings and are considered under-the-radar. IEFA provides broad exposure to developed-market stocks outside the U.S. and Canada by tracking the MSCI EAFE IMI Index across Europe, Australia, New Zealand, Japan, Taiwan, and South Korea.
Read at 24/7 Wall St.
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