{"id":6350,"date":"2022-09-02T06:26:00","date_gmt":"2022-09-01T22:26:00","guid":{"rendered":"https:\/\/www.syfe.com\/magazine\/?p=6350"},"modified":"2024-04-02T14:34:40","modified_gmt":"2024-04-02T06:34:40","slug":"how-to-invest-like-warren-buffett-when-the-stock-market-is-down","status":"publish","type":"post","link":"https:\/\/www.syfe.com\/magazine\/how-to-invest-like-warren-buffett-when-the-stock-market-is-down\/","title":{"rendered":"How To Invest Like Warren Buffett When The Stock Market Is Down"},"content":{"rendered":"\n
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After rallying during the summer months, US stocks slipped in August following Federal Reserve chair Jerome Powell\u2019s speech at the Jackson Hole economic symposium.<\/p>\n\n\n\n

But the pullback this year hasn’t dampened billionaire investor Warren Buffett’s appetite for quality US stocks. In the last quarter, Buffett scooped up US$3.8 billion worth of shares even as the S&P 500 fell more than 16% over that period. Clearly, he walks the talk when it comes to being “greedy when others are fearful\u201d. <\/p>\n\n\n\n

If you want to invest like Warren Buffett, here\u2019s what he\u2019s been adding to Berkshire Hathaway’s equity portfolio.<\/p>\n\n\n\n

Buffett\u2019s notable stock buys<\/strong><\/h2>\n\n\n\n

For years, Buffett has been sitting on a large cash pile, wary of sky-high valuations. But as the US market retreated in recent months, attractive entry points have opened up. In the last quarter, he\u2019s been putting cash to work with his favourite investments.<\/p>\n\n\n\n

Apple<\/strong><\/h2>\n\n\n\n

Buffett added another 4 million Apple shares in Q2 2022. Apple is Berkshire\u2019s single largest stock holding, making up 42% of the entire portfolio. Recently, the company signalled plans to significantly expand its advertising business<\/a>. Advertising currently generates only 1% of Apple\u2019s total revenue, but Apple wants to crank that up to the double digits.<\/p>\n\n\n\n

Occidental Petroleum<\/strong> and Chevron<\/strong><\/h2>\n\n\n\n

Warren Buffett has been absolutely bullish on energy stocks this year. Berkshire is now oil producer Occidental Petroleum’s largest shareholder with a 20% stake, after Buffett bought up more than $11 billion worth of shares this year. Occidental is one of the biggest producers in the Permian Basin, the largest oilfield in the US.<\/p>\n\n\n\n

Buffett also added more shares of oil giant Chevron, Berkshire\u2019s fourth-largest holding. Chevron reported $11.4 billion in earnings during Q2 2022, up from $3.1 billion in the same quarter last year.<\/p>\n\n\n\n

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