Coffee Can Portfolio: 10 Stocks to Buy and Hold

The idea of the coffee can portfolio began in the old wild west days when the average person stored their valuables in a coffee can.

Once filled the coffee can was often placed under a mattress for safe keeping where it would stay for years or even decades. Click here to download the original coffee can portfolio article by Robert G. Kirby.

A similar strategy can be done inside of a normal brokerage account where you just buy and never sell. Extra cash from dividends or additional deposits will be added to shares. Then you sit back relax , after all there are many studies that show the investors with the best performance are either dead or forgot to log into their fidelity accounts.

Here are the 10 Buy and Hold

1. Berkshire Hathaway ($BRK) Berkshire Hathaway is the best investment conglomerate that has ever existed. As Warren Buffett retires the new leadership will have immense capital to use to power continued growth. These younger individuals who have had more exposure to areas of the market that Buffett admittedly didn’t understand may relaunch the company to future decades of outperformance.
2. Brown & Brown ($BRO) Brown & Brown is an insurance brokerage firm that offers various insurance products and services to businesses, individuals, and organizations. The company has been in operations since 1939 and takes the longterm view planning for the decades instead of short term performance metrics.
3. Watsco ($WSO) HVAC is a cash generating machine. Customers want their air conditioning, heating and refrigeration to work every second of the day and Watsco is a leading company in the industry. The company has done a great job at acquiring smaller operations. They choose to operate as a decentralized business model where each individual unit acquired continues to run their business as if they were independent.
4. Markel ($MKL) Many are looking to find the next Berkshire Hathaway to invest at a smaller market capitalization and hopefully recreate the same amazing results of early Berkshire shareholders.
   Markel is probably the closest comparison valued at only $25 billion. They use a similar playbook to Berkshire using insurance and reinsurance float to invest in a diversified portfolio of businesses and securities.
5. Games Workshop ($GAW) Games Workshop designs and sells games, miniatures, and accessories for hobbyists. They make money by selling their products directly to customers through their stores and website, keeping tight control over their brand, and fostering a dedicated community of gamers.
6. Constellation Software ($CSU) Constellation Software is a Canadian multinational corporation that acquires, manages, and builds software businesses. They focus on vertical market software (VMS), developing solutions tailored for specific industries or niche markets. The company follows a unique business model where it acquires small to medium-sized software companies and allows them to operate independently under the Constellation umbrella.
7. LVMH ($MC) LVMH is a global producer and distributor of luxury goods. They operate more than 5000 stores worldwide to cater to the growing millionaire population. They have a dominant force in the luxury industry with various brands that the wealthy can not get enough of.
8. Stryker ($SYK) Stryker designs, manufactures, and markets an array of medical equipment, instruments, consumable supplies, and implantable devices. The product portfolio includes hip and knee replacements, endoscopy systems, operating room equipment, embolic coils, hospital beds and gurneys, and spinal devices. Stryker remains one of the three largest competitors in reconstructive orthopedic implants and holds a market-leading position in operating room equipment.

9. Old Dominion Freight ($ODFL) Old Dominion Freight Line operates as a less-than-truckload (LTL) motor carrier in North America. It provides regional, inter-regional, and national LTL services, including expedited transportation. The company also offers various value-added services, such as container drayage, truckload brokerage, and supply chain consulting.

10. Zoetis ($ZTS) Zoetis operates as a leading animal health company, specializing in the development, manufacture, and commercialization of veterinary medicines and vaccines. They cater to various species, including livestock and pets, offering a wide range of products to prevent, diagnose, and treat animal illnesses. Their business model focuses on innovation, investing significantly in research and development to create advanced, and effective solutions for animal health.

To your success,

Thomas Moore

Disclosure: The author has no plans to be long any company mentioned within 72 hours. The author wrote this article themselves, and it expresses their own opinions. The author is not receiving compensation for it. The author has no business relationship with any company whose stock is mentioned in this article.

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