Warren Buffetts "Secret Portfolio" Owns 3 Stocks That Pay Massive 8%-14% Dividends
Briefly

New England Asset Management (NEAM) is owned indirectly by Berkshire Hathaway through its ownership of General Re, making NEAM holdings ultimately owned by Berkshire Hathaway. NEAM manages an approximately $5.9 billion portfolio that is heavily skewed toward dividend-paying stocks and ETFs. Falling interest rates could increase the appeal of dividend-paying equities as bond yields decline. NEAM operates as an investment management subsidiary with distinct holdings that some observers treat as a separate adjunct portfolio. Questions persist about potential strategic shifts under incoming CEO Greg Abel and whether investors should replicate NEAM positions. Investors should consult experienced financial advisors for personalized portfolio reviews before reallocating based on NEAM holdings.
Warren Buffett remains one of the world's most prominent investors, renowned for his long-term buy-and-hold strategies and extensive portfolio of public and private holdings. With interest rates poised to decline, it makes sense to consider adding Warren Buffett's dividend-paying stocks, which are expected to rally as bond yields fall. But the dividend stocks that we were really interested in seeing are the stocks that Mr. Buffett owns via his "Secret Portfolio". These are the holdings at New England Asset Management (NEAM), which is owned indirectly by Berkshire Hathaway.
We have known of Warren Buffett's "Secret Portfolio" for some time, but it took some digging to find out NEAM's relationship to Berkshire Hathaway ( NYSE: BRK-B). Warren Buffett owns New England Asset Management (NEAM), but indirectly. New England Asset Management Inc. (NEAM) is a wholly owned subsidiary of General Re, which is itself a subsidiary of Berkshire Hathaway. Since Warren Buffett is the CEO and largest shareholder, he effectively owns NEAM through this corporate structure. The securities NEAM holds in its investment portfolio are ultimately owned by Berkshire Hathaway. This arrangement has created what some financial media refer to as "Buffett's hidden $5.9 billion portfolio" or his "secret portfolio,"
Warren Buffett's "Secret Portfolio" is often highlighted as a $5.9 billion adjunct to Berkshire Hathaway. The NEAM portfolio is heavily skewed to dividend paying stocks and ETFs Will Berkshire Hathway lean more towards an expanded portfolio list when Greg Abel takes over as the CEO at the end of the year? Are Warren Buffetts "Secret Portfolio" dividend stocks a good idea for you? Why not meet with an experienced finacial advisor near you for a complete portfolio review? Click here to get stated finding one today. (Sponsored)
Read at 24/7 Wall St.
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