Warren Buffett has been on a buying spree lately.
While most investors have been downright spooked by uncertainty in today's turbulent market, Buffett has been pouring $8 billion into new investments over the last few weeks alone.
But Buffett's not just buying anything...
In fact, his latest investments are starkly different from the rest of his bellwether holdings... While the vast majority of Berkshire Hathaway's portfolio is made up of common stocks, almost all of his recent purchases have been preferred stocks with double-digit yields.
There are a number of compelling reasons why this little-known asset class is at a historically attractive buy point -- including their higher yields, safer income streams, and price stability. Obviously, these reasons aren't lost on Warren Buffett. Should we follow his lead? Read the full story here.
Credit: This story is written by Amy Calistri -- an Investment Analyst for Global Dividend Opportunities
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