3 Stocks Warren Buffett First Bought 24 Years Ago (Hint: Apple's Not One Of Them)'

Apple Inc (NASDAQ:AAPL) might be Berkshire Hathaway Inc's (NYSE:BRK) (NYSE:BRK) biggest holding today, but it's far from being Warren Buffett's oldest flame.

While Apple accounts for over 28% of Berkshire's portfolio, Buffett only began buying it in the first quarter of 2016. That makes it a relative newcomer compared to three other iconic names Buffett picked up way back in the first quarter of 2001 – and still hasn't let go of.

With the Berkshire Hathaway portfolio holding onto these shares for over two decades, these positions reveal how Buffett's best investments aren't always the flashiest – they're the most enduring.

Read Also: Warren Buffett Says He Is ‘Embarrassed,’ But ‘Tim Cook Has Made Berkshire A Lot More Money Than I’ve Ever Made’

Buffett's Wallet Staple

As of the fourth quarter of 2024, Berkshire owns 151.6 million shares of American Express (NYSE:AXP), now worth nearly $45 billion, making it Buffett's #2 holding at 16.84% of the portfolio.

Buffett's enduring confidence is underlined by a whopping 21.5% ownership stake in the company. Amex's brand loyalty and capital-light business model make it the quintessential Buffett stock – durable, predictable, and slow to leave the wallet.

The Underrated Winner

Moody's (NYSE:MCO) doesn't make headlines like Apple or Coke, but it's been compounding quietly in Buffett's portfolio for 24 years. Berkshire owns nearly 25 million shares, worth $11.7 billion, or 4.37% of the portfolio.

It's a classic Buffett play: pricing power, industry dominance and little need for reinvestment.

The OG Buffett Bet

Buffett might be most associated with Coca-Cola (NYSE:KO), and for good reason. Berkshire owns 400 million shares, valued at nearly $25 billion, making up 9.32% of the portfolio.

He once called Coke's brand "the most valuable franchise in the world" – and clearly, he's still sipping.

Apple may rule today's headlines, but these three 24-year veterans quietly built Buffett's empire – one quarter at a time.

Read Next:

• Warren Buffett And His Successor Greg Abel Say Berkshire Hathaway Could Hold This $20B Bet For ’50 Years Or Forever’

Image: Shutterstock