Page 41 - Todd Combs News Today

Tens of thousands of people are descending on Omaha, Nebraska to attend the annual shareholder weekend for billionaire investor Warren Buffett's Berkshire Hathaway Inc .

(Reuters) - Tens of thousands of people are descending on Omaha, Nebraska to attend the annual shareholder weekend for billionaire investor Warren Buffett's Berkshire Hathaway Inc. | 01:15pm

(Reuters) - Tens of thousands of people are descending on Omaha, Nebraska to attend the annual shareholder weekend for billionaire investor Warren Buffett's Berkshire Hathaway Inc. | 01:15pm

While Berkshire has a succession plan in place investors know that their time to see and hear Buffett, 92, and Vice Chairman Charlie Munger, 99, is limited.

These brand-name Buffett stocks are historically inexpensive and well positioned to bounce back.

The 99-year-old Berkshire Hathaway vice chairman told the Financial Times Sunday there’s now a “glut of investment managers that’s bad for the country.”

Author Lawrence Cunningham also tells ThinkAdvisor how he thinks Berkshire Hathaway will be run by Buffetts successors.

Berkshire Hathaway is on pace to collect close to $6.14 billion in dividend income this year. Nearly half of it will come from three holdings -- and Apple isn't one of them!

Portfolio concentration is a big reason for Berkshire Hathaway's long-term success.

The Oracle of Omaha especially likes one of these stocks.