Boston Omaha Corporation (BOC 8.53%) is a young conglomerate, but its leaders have massive long-term ambitions and are using Warren Buffett's time-tested methods for conglomerate building that he used to grow Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) into the $680 billion powerhouse it is today. In this video, Matt Frankel, CFP, discusses why he's such a fan of Boston Omaha's long-term potential that he made it one of the largest investments in his stock portfolio.

*Stock prices used were the midday prices of August 16, 2022. The video was published on August 16, 2022.