Here is what Polen International Growth Fund has to say about adidas AG (NYSE:ADDYY) in its Q1 2022 investor letter: The stock’s return is a negative 12.86% during the period starting from late December until June 4. As of June 4 the stock was trading at around $85.79, while its price back in December 2017 stood at around $98.46. adidas AG (OTC: ADDYY)Īccording to media reports Kanye West gifted around 1015 shares of Adidas to Kim Kardashian for the 2017 Christmas. Warren Buffett Stock Portfolioįirst, we take a look at Kanye West's stock portfolio. We then compared equal-weighted returns of both these stock portfolios. We then mentioned the top 5 stock picks of Warren Buffett using his Q4’2017 portfolio. The details of these stocks were reported by several media outlets. Warren Buffett Stock Portfolioįor this article, we first discussed Kanye West’s five stock picks based on the gifts he gave to Kim Kardashian in 2017. Over time, however, Ben Graham’s oft-quoted maxim proves true: “In the short run, the market is a voting machine in the long run, however, it becomes a weighing machine.” Stocks surge and swoon, seemingly untethered to any year-to-year buildup in their underlying value. The connection of value-building to retained earnings that I’ve just described will be impossible to detect in the short term. I feel confident, however, that the earnings retained by our investees will over time, and with our investees viewed as a group, translate into commensurate capital gains for Berkshire. Our recognition of capital gains (and losses) will be lumpy, particularly as we conform with the new GAAP rule requiring us to constantly record unrealized gains or losses in our earnings. For decades, we have stated in Principle 6 of our “Owner-Related Business Principles” that we expect undistributed earnings of our investees to deliver us at least equivalent earnings by way of subsequent capital gains. That dividend figure, however, far understates the “true” earnings emanating from our stock holdings. That’s the number included in our GAAP figures, as well as in the “operating earnings” we reference in our quarterly and annual reports. From our stock portfolio – call our holdings “minority interests” in a diversified group of publicly-owned businesses – Berkshire received $3.7 billion of dividends in 2017. In America, equity investors have the wind at their back. Overall – and over time – we should get decent results. And sometimes I will make expensive mistakes. Sometimes the payoffs to us will be modest occasionally the cash register will ring loudly. Instead, we simply believe that if the businesses of the investees are successful (as we believe most will be) our investments will be successful as well. “Charlie and I view the marketable common stocks that Berkshire owns as interests in businesses, not as ticker symbols to be bought or sold based on their “chart” patterns, the “target” prices of analysts or the opinions of media pundits. He has also reportedly bought fast food restaurants in the past through his company KW Foods. Some other notable ventures of Ye include creative agency Donda and independent record label Good Music. While the partnership has run into trouble, some latest media reports claimed that Ye made about $25 million just from the sale of leftover Yeezy stock. Yeezy, which Ye started in collaboration with Adidas, is perhaps the biggest business venture of the rapper which has pocketed him millions of dollars. He has an estimated worth of about $400 million. The 45-year rapper has started many businesses and ventures over these years. While some might call this an unfair comparison, we believe it’d be an interesting exercise since Kanye West’s business skills aren’t a secret. But how did these stocks perform over the years? Was Kanye West’s stock portfolio really able to beat the market like many had predicted at the time? In this post we decided to evaluate the returns of Kanye West’s stock portfolio and compare them to Warren Buffett’s stock portfolio returns. At the time many lauded Kanye’s stock-picking skills as all of these were blue-chip companies posting solid returns and had a strong outlook. In the post Kardashian shared the photos of different stock certificates gifted to her by Kanye West and some related details. She shared this gift in an Instagram post with a “best husband alert” title. It was clearly a peculiar present and it seemed Kim Kardashian was also pleasantly surprised. Warren Buffett Stock Portfolio: Who Wins?īack in December 2017, American rapper Kanye West gifted her then-wife Kim Kardashian about $200,000 worth of stocks as a Christmas present. To skip our introduction and immediately see who wins this competition, click Kanye West Stock Portfolio vs. In this article, we will take a look at Kanye West stock portfolio vs.
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