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5 Companies Where Warren Buffet Has Over $10 Billion in Profits

When Berkshire Hathaway Inc. (NYSE: BRK-A) released its annual letter for 2016, 24/7 Wall St. had already tracked the massive number of changes made by Warren Buffett and his two portfolio managers during 2016. The company showed something not usually shown: the cost basis of its largest holdings.

It turns out that the top 15 common stock holdings of Berkshire Hathaway by size have a cost basis of $65.8 billion, and the market value on the last day of 2016 was $122.032 billion. This is more than $56 billion in profits, but if you know what else Buffett owns then it is easy to see that Berkshire Hathaway’s profits are far more than this colossal figure.

Some of Buffett’s stock positions date back many years, some to the 1980s and 1990s. Other positions have been added or were raised quite recently. This may seem almost hard to imagine, but more than five investments still held by Buffett would each generate gains of more than $10 billion.

Buffett’s cost basis is so low in some cases that there is almost no reason for Berkshire Hathaway to sell them. Buffett even outlined what he would have to pay in taxes if he and his managers decided to sell stocks. Berkshire Hathaway’s annual report did show that it still had capital gains of $6.5 billion in 2016.

Here, 24/7 Wall St. has featured the five positions owned by Buffett and...