Goldman Sachs and derivatives will likely be hot topics of conversation this weekend when Warren Buffett and Charlie Munger field questions at the love-fest that is the Berkshire Hathaway (BRK-B) annual shareholder meeting. There is always some good learning and good chuckles at the Q&A session. But if you’re looking for an investing lesson, diving into Buffett’s personal portfolio can be even more illuminating.
Thanks to a terrific post at Morningstar you can now delve even closer into the investing mind of the Oracle of Omaha. Robert Miles spent some quality time poring through recent SEC filings and has created a profile of Buffett’s personal portfolio. It’s a who’s who of dividend paying stocks. Retirees (and pre-retirees) looking to generate income outside of the increasingly risky bond market can get some great ideas from Buffett’s personal dividend-paying stock portfolio. For that matter, anyone looking for strong returns should take note. According to Ned Davis Research, dividend-growth stocks within the S&P 500 have grown at an annualized 9.4% since 1972. The non-dividend payers within the S&P 500 muddled along at a 1.5% annualized pace over that stretch.
To read the full, original article click on this link: Warren Buffett’s Dividend Picks - CBS MoneyWatch.com
Author: Carla Fried