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Warren Buffett

Berkshire Hathaway

CautiousStyle: Value investing / moatsHorizon: Very long-term (decades)
As of: 2026-03-31 (Q1 2026 13F)

Avoids chasing the AI theme; gains AI exposure indirectly through high-quality, moat-rich businesses — notably Amazon and Apple.

Investment thesis

Buffett anchors on his “circle of competence”: rather than picking hard-to-forecast tech winners, he owns businesses that compound for decades and benefit no matter who wins.

Amazon is a rare position both Buffett and Cathie Wood hold — AWS monetizes AI as cloud revenue, giving dual “picks-and-shovels + application” exposure.

The discipline: demand a margin of safety on valuation, understandable and durable businesses, and rational capital allocation by management.

Sources: Motley Fool — Buffett & Wood both own Amazon · MarketWise — Berkshire portfolio tracker

Related themes

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