Berkshire Hathaway is the relatively boring value pick. The company owns a collection of about 60 subsidiary businesses, including household names such as GEICO, Duracell, and Dairy Queen, just to name a few. Berkshire also owns a more than $300 billion portfolio of common stocks that includes a massive stake in Apple, and it holds shares in dozens of other companies, many of which were hand-selected by legendary investor Warren Buffett himself.
The Warren Buffett bears will say he has lost his fastball. Yet, through the implementation of complex hedge strategies, Berkshire continues to produce market-beating returns in most years despite its massive size. If Berkshire were a mutual fund, it would be the largest actively managed mutual fund in the world.