The Magnificent 7 are so last year; cash cows are the new kings

Warren Buffett. (Image: Getty)

Wed, 12 Feb 2025

By Spencer JakabThe investing secret that helped make Warren Buffett a multi-billionaire isn’t working anymore, though probably not for the reason you would think.Every decade or so someone will declare that the Berkshire Hathaway boss has lost his touch – usually a cue for the reasonably priced stocks he prefers to come roaring back. Even so, value investing the way that Buffett’s mentor Benjamin Graham practised it and Nobel Prize-winning economists defined it decades later has had too few rebounds recently.The reason i...

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