To The Moon

Warren Buffett's Berkshire Hathaway ($Berkshire Hathaway(BRK.A)$ $Berkshire Hathaway(BRK.B)$ ) unveiled plans for a $3.9B renewable energy project in Iowa, including wind and solar generation, in a project that could rank as one of the biggest in the renewable industry. In a filing with the Iowa Utilities Board, Berkshire's MidAmerican Energy says its proposed Wind PRIME project would add more than 2K MW of wind generation and 50 MW of solar generation to Iowa, bolstering the state's already significant wind market. The company also says it would fund feasibility studies focused on other clean generation technologies, including carbon capture, energy storage and small modular nuclear reactors. If approved, MidAmerican says it plans to complete construction of the project in late 2024. Berkshire Hathaway has become "a value stock in a market obsessed with growth," according to analyst. In its portfolio, Berkshire Hathaway has racked up a 1,800% gain on Coca-Cola stock — and tripled its money on Bank of America. $Coca-Cola(KO)$ $Bank of America(BAC)$ With that in mind, here are other Berkshire holdings with double-digit returns on investment: $Apple(AAPL)$ Next up, we have consumer technology gorilla Apple, which boasts a five-year return on investment of 28%, much higher than that of rivals like $Nokia Corp.(NOKBF)$ (-3%) and $Sony(SONY)$ (12%). Even in the cutthroat world of consumer hardware, the iPhone maker has been able to generate outsized returns due to its loyalty-commanding brand and high switching costs (the iOS experience is only available on Apple products). $Procter & Gamble(PG)$ Rounding out the list is consumer staples giant Procter & Gamble, with a solid five-year average return on investment of 13.5%. Berkshire held 315,400 shares at the end of Q3, worth around $44 million at today’s price. While that’s not a big position by Berkshire standards, something does make P&G stand out: the ability to deliver rising cash returns to investors through thick and thin. Never forget the basics. While we’re constantly bombarded with confusing investment mumbo jumbo, we should never forget that companies largely exist for one main reason: to take capital from investors and earn a return on it. That’s why it makes sense for investors to look for businesses, with durable competitive advantages, that are able to consistently deliver high returns on capital. SHARE YOUR THOUGHTS Which stock do you invest most in? GAIN OR LOSS? You may be rewarded with Tiger Coins for posting a comment💸💸💸 Follow me! Don't forget I am the richest tiger in this community😎😎