Contest: What did Warren buy in the previous quarter?

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Feb 01, 2007
It is about two weeks away for Berkshire Hathaway to report its last quarter end equity holdings. GuruFocus is calling readers to participate in a contest again to "guess" what he bought during the previous quater. Every reader can participate by inputing up to 3 stocks following this thread. The deadline of this contest is the day when Bershire reports its last quarter holdings, before Feb. 15. The top 2 closest winners will be announced on GuruFocus and each will win a copy of top investment books selecting from this list:


Joel Greenblatt: The little Book that Beats the Market


Benjamin Graham: The Intelligent Investor


Martin Whitman: The Aggressive Conservative Investor


Peter Lynch: Beating the Street


Peter Lynch: One Up on Wall Street


David Dreman: Contrarian Investment Strategies in the Next Generation





3 Months ago, we had a similar contest. The two readers who won the contest were Expectingrain and Gokou3. Each of them guessed two stocks correctly. They each won a copy of Joe Greenblatt’s “You Can be a Stock Market Genius”. Congratulations. In the 3 rd quarter of 2006, Warren Buffett bought no new stocks, he added into his positions in USG Corporation (USG), Lowe's (LOW), Nike Inc. (NKE), and Iron Mountain Inc (IRM). USG got one of the most votes: 10. That was correct. However, many readers guessed Target, but Buffett reduced his shared in the company. Very few mentioned Lowe’s or Iron Mountain Inc. and no one mentioned NIKE, which was also a purchase of another guru, Glenn Greenberg.