In the following video, Motley Fool financial analyst Matt Koppenheffer talks about the top two holdings in his own personal portfolio, Wal-Mart (WMT 0.32%) and Berkshire Hathaway (NYSE: BRK-B). He tells us why he thinks Wal-Mart's competitive moat is an enduring one and what he likes about the structure of giant Berkshire Hathaway.
My Top 2 Stocks: Berkshire Hathaway and Wal-Mart
By Matt Koppenheffer and David Hanson – Mar 12, 2013 at 5:03PM
NYSE: WMT
Walmart

Market Cap
$825B
Today's Change
(-0.32%) $0.33
Current Price
$103.11
Price as of November 12, 2025 at 1:40 PM ET
Why Berkshire Hathaway and Wal-Mart are this financial analyst's top two holdings in his own portfolio.
About the Author
Matt is the head of the Coverage Team for The Motely Fool's premium products. Previously, he's been . Matt is a heavy user of AI tools and is working on harnessing them to help Fool members. Previously, Matt was GM of Motley Fool Ascent, led The Motley Fool Deutschland, has been an investor on various Fool services, and co-hosted the podcast "Where the Money Is". He also co-authored the book The Astonishing Collapse of MF Global. Matt started his career in San Francisco as a technology-focused investment banker and also worked at a $15 billion private equity company. When he's thinking about how to make Fools smarter, happier, and richer, you can usually find Matt running trails or making a mess in the kitchen. He's a graduate of the University of Pennsylvania, but is a lifelong fan of Penn State football.