Indian IT troika fit for Buffett’s portfolio: S&P

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Press Trust of India Tags : Posted: Monday , Aug 13, 2007 at 0123 hrs

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Market observers believe high volatility and expensive valuations have kept Indian stocks away from Buffett’s radar. The portfolio of Buffett, the world’s third richest person with a net worth of more than $52 billion, consisted of 44 stocks across the world as of March 31, 2007. These included soft drink maker Coca-Cola, Johnson and Johnson and Procter and Gamble, Wal-Mart, Nike, ConocoPhillips and financial services provider American Express.

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