Prediction: This American Industrial Giant Could Be Warren Buffett's New Secret Stock

Warren Buffett has been one of the most closely followed investment personalities on Wall Street for nearly 60 years. With compound annual returns nearly twice as good as the S&P 500 (SNPINDEX: ^GSPC), it's no wonder why Buffett has earned the moniker the "Oracle of Omaha."What I find fascinating about Buffett is that when he is asked questions about his strategies or economic outlooks, his answers are almost always incredibly simple. He doesn't use fancy finance jargon, nor does he act like he knows something the rest of the world doesn't. Buffett sticks to the basics, and it works.With that said, one mysterious attribute of Buffett's investment choices is that from time to time, his firm, Berkshire Hathaway, chooses to keep new positions hidden until required by securities regulations to be revealed. For reference, if Berkshire owns 5% or more of the outstanding shares of a business that it is invested, then they would have to make this public knowledge. It's likely that Berkshire prefers to keep these positions hidden so that it doesn't lead to pronounced trading around one of its new core businesses.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool