Berkshire Hathaway (BRK/B) $265.47

This company needs little introduction with Warren Buffets’ Berkshire Hathaway (BRK/B US) being the most well-recognised investment house in the world, with millions of dedicated disciples. They have a phenomenal track record over decades, invest in companies that can handle tough economic times, and currently, their shares are down 26% from recent highs – clearly a stock worth considering into prevailing weakness. As anyone glancing over MM reports can attest, interest rates have been going up and while we think they may be approaching an inflexion point, we still think that persistent inflation will ensure rates stay at elevated levels for some time yet. One sector that benefits from higher rates is insurance, and Berkshire is big on a global scale in this area,  it accounts for around 43% of their sizable revenues and when we overlay this with their diversified exposures in manufacturing, services & retail, along with a big pile of cash, we think Berkshire is a company that can actually thrive in this sort of tough operating environment. NB: We are showing the class B shares here which replicate the performance of class A stock.