Billionaire Warren Buffett's Genius Tactic to Supercharge His Portfolio

By Travis Hoium – Jan 23, 2024 at 7:00AM

NYSE: BRK.A

Berkshire Hathaway

Market Cap

$873B

Today's Change

(-0.76%) -$4,640.00

Current Price

$606,920.00

Price as of April 26, 2024, 4:00 p.m. ET

This is one of the keys to Warren Buffett's success.

Warren Buffett has built Berkshire Hathaway (BRK.A -0.76%) (BRK.B -0.69%) into one of the biggest companies in the world and he's done so using a simple trick in some of his biggest businesses. Buffett gets to use billions of dollars in float to invest in stocks, where he's one of the best investors in history.

Travis Hoium shows what float is in Buffett's own words in this video.

*Stock prices used were end-of-day prices of Jan. 19, 2024. The video was published on Jan. 21, 2024.

Bank of America is an advertising partner of The Ascent, a Motley Fool company. American Express is an advertising partner of The Ascent, a Motley Fool company. Travis Hoium has positions in Apple and Berkshire Hathaway. The Motley Fool has positions in and recommends Apple, Bank of America, and Berkshire Hathaway. The Motley Fool recommends Chevron and Occidental Petroleum. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.