Berkshire Hathaway Inc (BRK.A)

[bar1080]

I want nothing Chinese in my holdings because I've very properly never trusted the accounting. OTOH the Chinese wouldn't screw the world's most trusted investor, Buffett, an avuncular Walter Cronkite or perhaps Santa Claus-like figure.

BRK made a ton of money very quickly about 20 years ago in one Chinese stock, PetroChina. Being "Buffett" does have its advantages, which is one of many reasons I own BRK.

BRK's moves into Pharma should have good effect by making its portfolio a bit more exciting than just banks, insurers and an enormous chunk of Apple.

The key point with Buffett's move is he's buying the four majors for their unique ability to manufacture and distribute drugs on scale very quickly. There's the moat he looks for.