Compared with the end of the second quarter of , H&H managed by Berkshire B, Alibaba and Moderna in the third quarter; increased its holdings in Google C, Pinduoduo and Occidental Petroleum; its holdings in Disney remained unchanged; and it liquidated its holdings in Bank of America.
Most of the stocks held by Duan Yongping have been mentioned in his speeches on social media platforms, and they are all household names.
Duan Yongping, who was born as an entrepreneur, is accustomed to thinking about investment from the perspective of business operations. His primary consideration when investing in a company is that the business kenya phone number list model is good and that making money is easy and sustainable.
Duan Yongping once mentioned that a good business model is very simple, that is, profits and net cash flow are always strong, and it is difficult for competitors to snatch them even for a long time.
Buffett said: "I am a good investor because I am an entrepreneur. I am a good entrepreneur because I am an investor." This sentence is indeed very appropriate for Duan Yongping.
It is worth mentioning that Duan Yongping bought Apple as early as , years earlier than Buffett bought a large position in the stock. Unlike Duan Yongping, Buffett has significantly cut his holdings in Apple, his top holding, since the beginning of this year. In the third quarter of , Buffett's investment company Berkshire continued to reduce its holdings of million shares of Apple. Although Apple is still the largest holding, the number of shares held has dropped sharply from million shares at the beginning of to million shares.