Gardner Russo & Gardner Inc. is an investment firm popular with wealthy clients for its conservative, long-term approach to investing.
Tom Russo, a notable investor, manages a diverse portfolio with significant holdings in major corporations. Leading his investments is Berkshire Hathaway Inc., an esteemed conglomerate helmed by Warren Buffett, which represents 14.3% of Russo's portfolio. Following close behind is Alphabet Inc, the parent company of Google known for its dominant presence in the tech industry and online advertising market, accounting for 11.1% of his investment portfolio.
Russo also places a strong bet on Mastercard Incorporated, occupying 10.5% of his holdings. This choice underscores his confidence in the continued growth of digital transactions and global electronic payment systems. Additionally, Nestle SA, through its ADRs, forms 7.6% of the portfolio, illustrating Russo’s inclination towards consumer staples with enduring brand value.
Completing the top five is Compagnie Financiere Richemont SA at 7.2%, reflecting an interest in luxury goods, which often maintain resilience during various economic cycles. Through these stocks, Tom Russo showcases a strategy focused on established companies with proven track records and potential for long-term value creation, aimed at investors seeking to mirror such an investment approach.