While getting to retirement age can be a blessing and a curse, the reality of counting on the U.S. government to provide for your needs is not the best idea. The full retirement age is 66 if you were born from 1943 to 1954.

Berkshire's American Express position dates back to 1991, making it one of his longest holdings along with Coca-Cola. In 2024, American Express gained a whopping 58.4%, making it the third best performing component in the Dow Jones Industrial Average -- behind only Nvidia and Walmart.

For this article, we analyzed Berkshire Hathaway’s 13F portfolio as of the third quarter of 2024 and identified dividend stocks. From that group, we picked 13 stocks with the highest number of hedge fund investors, tracked by Insider Money as of Q3 2024. The stocks are ranked in ascending order of hedge funds having stakes in them.

Last year, the company increased its dividend by 25%, and it will likely announce another increase this month.

This conservative yet effective approach has made Buffett one of history's most successful investors. This selection process focused on Berkshire Hathaway’s current portfolio holdings, analyzing each position based on fundamental strength,

The mystery over Warren Buffett’s surprisingly defensive stance deepened over the weekend. The 94-year-old CEO of Berkshire Hathaway sold more stocks in the latest quarter and grew a record cash pile even larger to $334 billion,