Tomáš Vranka: When I don't know what to buy, I trust Buffett

Press Release: The last month in the markets was mainly marked by the earnings season. The world's largest companies published their economic results for the first quarter of this year. Earnings season is always watched by investors, but this time especially closely, as many companies were expected to see a fairly large drop in profitability. However, there was no major apocalypse and the results season as a whole was more or less okay. If you are interested results of individual companies, their overview can be found in this playlist on the XTB YouTube channel.

The companies in the sample stock portfolio managed by Tomáš brought some interesting information, including two news from the companies Apple Lossless Audio CODEC (ALAC), a IDC. For example, we learned about expanding Apple's collaboration with Goldman Sachs and why Apple is becoming a major player in fintech.

As part of the regular monthly purchase, Tomáš then decided increase its position in the Berkshire Hathaway conglomerate. The company is referred to as an alternative to the S&P 500 for its diversification, and the fact that the company is doing well is also confirmed by the latest results, in which Berkshire Hathaway reported record profits.

From the point of view of a retail investor, however, the price of this share, which is relatively high, has always been a problem. A company's shares are worth almost half a million dollars. You can then buy the B shares at a price of around $325, which is certainly much more affordable than the first option, but even that may be too expensive for a step-up strategy, for example.

For such cases, XTB introduced this month fractional shares. So now it's possible to buy Berkshire Hathaway and many other stocks and ETFs for any value starting as low as $10! Tomáš also used this option in his current purchase.

Detailed information to the above topics see this month's latest video from the series Stock portfolio of Tomáš Vranka, which is available at this link.