Warren Buffett can't or doesn't invest in small or mid-cap stocks, -only mega-cap stocks.

Here's why:

Quote:

---

You can buy these stocks, but Warren Buffett can’t.

Warren Buffett once said he could earn returns of 50% a year – if only he had less money. Why? It’s far easier to make $210,000 double than $210 billion – the size of Berkshire Hathaway’s (ticker: BRK.A, BRK. equity portfolio.

Buying a small- or mid-cap stock simply can’t meaningfully move the needle for Berkshire, and even if it was reasonable, BRK couldn’t buy a substantial stake without driving the price up or becoming a majority owner. Instead, the stocks Buffett has to buy are almost all mega-cap stocks.

---

https://money.usnews.com/investing/stock-mark...ffett-cant