However, one investing strategy available to ordinary investors is buying stocks that Buffett actually owns, when they fall below his original purchase price. Luckily, he lists his major holdings in Berkshire Hathaway's annual letter to shareholders. With a little basic math, you can figure out how much he paid for the stocks he bought.
Today, with the recent stock market sell-off, many of Buffett's holdings are selling for less than what he paid for them. This gives you the opportunity to buy them on sale. I have calculated the purchase price for his major holdings. Here are the ones that are currently on sale.
Stocks currently selling below Buffett's purchase price, and the price Buffett paid:
- ConocoPhillips (COP) — $59.34
- Kraft Foods (KFT) — $33.38
- Procter & Gamble (PG) — $61.14
- Sanofi Aventis (SNY) — $43.21
- US Bancorp (USB) — $32.80
- USG Corporation (USG) — $31.40
- Wells Fargo (WFC) — $34.96
- Burlington Northern Santa Fe (BNI) — $77.78
- Johnson & Johnson (JNJ) — $61.35
- Wal-Mart Stores (WMT) — $47.23
Honestly, I don't know what he's doing owning USG. It's a no-growth company, paying no dividends, tied to the housing market. The others, however, would likely serve you well.
Update 10/30/2008: Berkshire has bought more BNI at $79.65 per share.