Warren Buffett and George Soros are legendary figures in the investment world in our times. In 2009, London-based Nicholas Vardy appeared in Moneyshow.com compares the styles and results of two investors and tells who did better. The interview was taken in 2009, but the two Investment Gurus have not changed their investment style since then.
Vardy put it simple: “Warren Buffett is an investor, Soros is a speculator.”
According to Vardy, Soros has relinquished the trading authority to the organization that he built and retreated once again to what is apparent a very busy retirement. According to GuruFocus, his team in Soros Fund Management LLC kept 821 stocks in their portfolio and 280 of them are new one for the quarter of 1Q10, the last time data is available. Diversified? Yes. Fast churning? Indeed.
Buffett, on the other hand, runs a very concentrated portfolio that hardly churns. He and his investment team believe in buy-and-hold. Between Buffett and his lieutenants and their $50+ billion in domestic equity portfolio, there are 36 stocks and none of them were new.
The investment styles of the two are night and day different. Yes, if you are serious and conduct the careful match work, you can find they share 24 stock ideas. Is it possible that all the PhD’s Soros hires to manage his money steal a few ideas from Buffett? You may ask.
Of course that is not true, Soros is far too original to piggyback on Buffett’s portfolio, but it does not hurt if we the less immortals to know and learn what stocks they hold in common.
Here are the second part of list for these stocks:
Also read the Part 1, Part 3 and Part 4 of the list.
A Brief review of the companies with ownership of each investor:
Johnson & Johnson is engaged in the manufacture and sale of a broad range of products in the health care field in many countries of the world. Johnson & Johnson has a market cap of $158.95 billion; its shares were traded at around $57.63 with a P/E ratio of 12.4 and P/S ratio of 2.6. The dividend yield of Johnson & Johnson stocks is 3.8%. Johnson & Johnson had an annual average earning growth of 10.8% over the past 10 years. GuruFocus rated Johnson & Johnson the business predictability rank of 4.5-star.
Moody's Corporation is the parent company of Moody's Investors Service, a provider of credit ratings, research and analysis covering debt instruments and securities in the global capital markets, Moody's KMV, a provider of credit risk processing and credit risk management products for banks and investors in credit-sensitive assets serving the world's largest financial institutions, Moody's Economy. Moody's Corp. has a market cap of $5.36 billion; its shares were traded at around $22.62 with a P/E ratio of 13 and P/S ratio of 3. The dividend yield of Moody's Corp. stocks is 1.9%. Moody's Corp. had an annual average earning growth of 15.7% over the past 10 years. GuruFocus rated Moody's Corp. the business predictability rank of 2.5-star.
The Washington Post Company's principal business activities consist of newspaper publishing (principally The Washington Post), television broadcasting (through the ownership and operation of six network-affiliated stations), the ownership and operation of cable television systems, magazine publishing (principally Newsweek magazine), and (through its Kaplan subsidiary) the provision of educational and career development services. The Washington Post Company has a market cap of $3.94 billion; its shares were traded at around $425.41 with a P/E ratio of 16.4 and P/S ratio of 0.9. The dividend yield of The Washington Post Company stocks is 2.1%. The Washington Post Company had an annual average earning growth of 3% over the past 10 years.
Nike, Inc.'s principal business activity involves the design, development and worldwide marketing of high quality footwear, apparel, equipment, and accessory products. Nike Inc. has a market cap of $35.33 billion; its shares were traded at around $72.74 with a P/E ratio of 18.7 and P/S ratio of 1.8. The dividend yield of Nike Inc. stocks is 1.6%. Nike Inc. had an annual average earning growth of 14.1% over the past 10 years. GuruFocus rated Nike Inc. the business predictability rank of 4.5-star.
Republic Services, Inc., is a provider of services in the domestic non-hazardous solid waste industry. Republic Services Inc. has a market cap of $12.24 billion; its shares were traded at around $32.06 with a P/E ratio of 21 and P/S ratio of 1.4. The dividend yield of Republic Services Inc. stocks is 2.4%. Republic Services Inc. had an annual average earning growth of 10.3% over the past 10 years. GuruFocus rated Republic Services Inc. the business predictability rank of 4.5-star.
Costco Wholesale Corp. operates membership warehouses based on the concept that offering members very low prices on a limited selection of nationally branded and selected private label products in a wide range of merchandise categories will produce high sales volumes and rapid inventory turnover. Costco Wholesale Corp. has a market cap of $24.65 billion; its shares were traded at around $55.95 with a P/E ratio of 20 and P/S ratio of 0.3. The dividend yield of Costco Wholesale Corp. stocks is 1.5%. Costco Wholesale Corp. had an annual average earning growth of 7.8% over the past 10 years. GuruFocus rated Costco Wholesale Corp. the business predictability rank of 5-star.
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Vardy put it simple: “Warren Buffett is an investor, Soros is a speculator.”
According to Vardy, Soros has relinquished the trading authority to the organization that he built and retreated once again to what is apparent a very busy retirement. According to GuruFocus, his team in Soros Fund Management LLC kept 821 stocks in their portfolio and 280 of them are new one for the quarter of 1Q10, the last time data is available. Diversified? Yes. Fast churning? Indeed.
Buffett, on the other hand, runs a very concentrated portfolio that hardly churns. He and his investment team believe in buy-and-hold. Between Buffett and his lieutenants and their $50+ billion in domestic equity portfolio, there are 36 stocks and none of them were new.
The investment styles of the two are night and day different. Yes, if you are serious and conduct the careful match work, you can find they share 24 stock ideas. Is it possible that all the PhD’s Soros hires to manage his money steal a few ideas from Buffett? You may ask.
Of course that is not true, Soros is far too original to piggyback on Buffett’s portfolio, but it does not hurt if we the less immortals to know and learn what stocks they hold in common.
Here are the second part of list for these stocks:
| Symbol | Warren Buffett | George Soros | ||||
|---|---|---|---|---|---|---|
| Share | Value ($1000s) | Change | Share | Value ($1000s) | Change | |
| JNJ | 23,891,448 | 1,557,720 | -11.95% | 12,500 | 815 | -41.03% |
| MCO | 30,783,876 | 915,820 | -3.24% | 71,500 | 2,127 | 0% |
| WPO | 1,727,765 | 767,439 | 0% | 600 | 267 | 0% |
| NKE | 7,641,000 | 561,613 | 0% | 4,900 | 360 | 10000% |
| RSG | 10,827,700 | 314,220 | 30.6% | 32,200 | 934 | 190.09% |
| COST | 4,333,363 | 258,745 | -17.52% | 4,500 | 269 | 9.76% |
Also read the Part 1, Part 3 and Part 4 of the list.
A Brief review of the companies with ownership of each investor:
Johnson & Johnson (JNJ, Financial)
Warren Buffett owns 23,891,448 shares of JNJ, valued as $1,558 million as of Mar. 31, 2010, which accounts for 3.06% of his equity portfolio. George Soros owns 12,500 shares of JNJ, valued as $1 million as of Mar. 31, 2010, which accounts for 0.01% of his equity portfolio.Johnson & Johnson is engaged in the manufacture and sale of a broad range of products in the health care field in many countries of the world. Johnson & Johnson has a market cap of $158.95 billion; its shares were traded at around $57.63 with a P/E ratio of 12.4 and P/S ratio of 2.6. The dividend yield of Johnson & Johnson stocks is 3.8%. Johnson & Johnson had an annual average earning growth of 10.8% over the past 10 years. GuruFocus rated Johnson & Johnson the business predictability rank of 4.5-star.
Moody's Corp. (MCO, Financial)
Warren Buffett owns 30,783,876 shares of MCO, valued as $916 million as of Mar. 31, 2010, which accounts for 1.8% of his equity portfolio. George Soros owns 71,500 shares of MCO, valued as $2 million as of Mar. 31, 2010, which accounts for 0.03% of his equity portfolio.Moody's Corporation is the parent company of Moody's Investors Service, a provider of credit ratings, research and analysis covering debt instruments and securities in the global capital markets, Moody's KMV, a provider of credit risk processing and credit risk management products for banks and investors in credit-sensitive assets serving the world's largest financial institutions, Moody's Economy. Moody's Corp. has a market cap of $5.36 billion; its shares were traded at around $22.62 with a P/E ratio of 13 and P/S ratio of 3. The dividend yield of Moody's Corp. stocks is 1.9%. Moody's Corp. had an annual average earning growth of 15.7% over the past 10 years. GuruFocus rated Moody's Corp. the business predictability rank of 2.5-star.
The Washington Post Company (WPO, Financial)
Warren Buffett owns 1,727,765 shares of WPO, valued as $767 million as of Mar. 31, 2010, which accounts for 1.51% of his equity portfolio. George Soros owns 600 shares of WPO, valued as $0 million as of Mar. 31, 2010, which accounts for 0% of his equity portfolio.The Washington Post Company's principal business activities consist of newspaper publishing (principally The Washington Post), television broadcasting (through the ownership and operation of six network-affiliated stations), the ownership and operation of cable television systems, magazine publishing (principally Newsweek magazine), and (through its Kaplan subsidiary) the provision of educational and career development services. The Washington Post Company has a market cap of $3.94 billion; its shares were traded at around $425.41 with a P/E ratio of 16.4 and P/S ratio of 0.9. The dividend yield of The Washington Post Company stocks is 2.1%. The Washington Post Company had an annual average earning growth of 3% over the past 10 years.
NIKE Inc. (NKE, Financial)
Warren Buffett owns 7,641,000 shares of NKE, valued as $562 million as of Mar. 31, 2010, which accounts for 1.1% of his equity portfolio. George Soros owns 4,900 shares of NKE, valued as $0 million as of Mar. 31, 2010, which accounts for 0.01% of his equity portfolio.Nike, Inc.'s principal business activity involves the design, development and worldwide marketing of high quality footwear, apparel, equipment, and accessory products. Nike Inc. has a market cap of $35.33 billion; its shares were traded at around $72.74 with a P/E ratio of 18.7 and P/S ratio of 1.8. The dividend yield of Nike Inc. stocks is 1.6%. Nike Inc. had an annual average earning growth of 14.1% over the past 10 years. GuruFocus rated Nike Inc. the business predictability rank of 4.5-star.
Republic Services Inc. (RSG, Financial)
Warren Buffett owns 10,827,700 shares of RSG, valued as $314 million as of Mar. 31, 2010, which accounts for 0.62% of his equity portfolio. George Soros owns 32,200 shares of RSG, valued as $1 million as of Mar. 31, 2010, which accounts for 0.01% of his equity portfolio.Republic Services, Inc., is a provider of services in the domestic non-hazardous solid waste industry. Republic Services Inc. has a market cap of $12.24 billion; its shares were traded at around $32.06 with a P/E ratio of 21 and P/S ratio of 1.4. The dividend yield of Republic Services Inc. stocks is 2.4%. Republic Services Inc. had an annual average earning growth of 10.3% over the past 10 years. GuruFocus rated Republic Services Inc. the business predictability rank of 4.5-star.
Costco Wholesale Corp. (COST, Financial)
Warren Buffett owns 4,333,363 shares of COST, valued as $259 million as of Mar. 31, 2010, which accounts for 0.51% of his equity portfolio. George Soros owns 4,500 shares of COST, valued as $0 million as of Mar. 31, 2010, which accounts for 0% of his equity portfolio.Costco Wholesale Corp. operates membership warehouses based on the concept that offering members very low prices on a limited selection of nationally branded and selected private label products in a wide range of merchandise categories will produce high sales volumes and rapid inventory turnover. Costco Wholesale Corp. has a market cap of $24.65 billion; its shares were traded at around $55.95 with a P/E ratio of 20 and P/S ratio of 0.3. The dividend yield of Costco Wholesale Corp. stocks is 1.5%. Costco Wholesale Corp. had an annual average earning growth of 7.8% over the past 10 years. GuruFocus rated Costco Wholesale Corp. the business predictability rank of 5-star.
Create Your Own Aggregated Portfolios
To check the consensus holdings of any combination of your favorite Gurus, please go to Aggregated Portfolio of Gurus. This is one of the features that GuruFocus offers to Premium Members of GuruFocus. If you are not a Premium Member, why not Take a 7-Day Free Trial?
