Earlier this year, an anonymous bidder at a charity auction paid $19 million to have lunch with Warren Buffett. I have no doubt that the mealtime conversation was interesting.
Most people will never get the chance to have a face-to-face talk with Buffett. However, you don’t have to sit down with the Oracle of Omaha to benefit from his investing advice. If Buffett could tell you one investment to make, this would probably be it.
Not the obvious answer
You might think that Buffett would recommend Berkshire Hathaway as the one investment to make. After all, most of Buffett’s personal wealth is in the stock of the giant conglomerate.
Berkshire has been Buffett’s favorite stock to buy in recent years. Since 2016, he’s led Berkshire to repurchase $63 billion of its shares. That means that Buffett has bought $9 billion more of the stock than he has of Apple and Chevron combined.
Buffett…