Apple comprises roughly 40% of Warren Buffett’s Berkshire Hathaway stock holdings appeared first on MacDailyNews. Apple comprises roughly 40% of Warren Buffett’s Berkshire Hathaway stock holdings appeared first on MacDailyNews. Apple comprises roughly 40% of Warren Buffett’s Berkshire Hathaway stock holdings appeared first on MacDailyNews. Apple comprises roughly 40% of Warren Buffett’s Berkshire Hathaway stock holdings appeared first on MacDailyNews.
Warren Buffett’s investment in Apple stock has in recent years become far and away the most prominent holding in Berkshire Hathaway’s $360 billion equity portfolio. Warren Buffett addresses shareholders at

Warren Buffett’s investment in Apple stock has in recent years become far and away the most prominent holding in Berkshire Hathaway’s $360 billion equity portfolio.

Warren Buffett addresses shareholders at the annual meeting of his Berkshire Hathaway Inc. during webcast due to COVID-19 pandemic, in Omaha, Nebraska May 2, 2020 (video still via Yahoo Finance)
Warren Buffett addresses shareholders at the annual meeting of his Berkshire Hathaway Inc. during webcast in Omaha, Nebraska May 2, 2020 (video still via Yahoo Finance)

Josh Schafer for Yahoo Finance:

Berkshire first bought the stock in 2016, and since then Apple has grown to a $110 billion position comprising roughly 40% of Berkshire’s stock holdings. Berkshire owns just under 6% of Apple.

The rapid growth has positioned the largest US public company as a fixture in Berkshire Hathaway’s annual shareholder letters and Buffett’s comments during annual meetings.

At Berkshire’s annual shareholders meeting on Saturday, investors will eagerly await what Buffett might say about his largest holding and its new forays into augmented reality headsets, in-house computer chip creation, and expansion in India.

Today, Berkshire owns about 5.8% of the company.

MacDailyNews Take: Just 40%?

As we wrote earlier this month:

Those who have iron stomachs in the face of risk, year after year, can make millions of dollars with relatively very little invested, if they go “all in” on the right company long term.

Diversification is protection against ignorance. It makes little sense if you know what you are doing. – Warren Buffett

On December 20, 1996, when Apple announced the acquisition of NeXT and the return of Steve Jobs, an Apple share sold for 18-cents.*

As recently as April 2003, Apple shares sold for 20-cents each.* Even on January 07, 2019, Apple closed at just $35.64*!

Anyone who invested in AAPL, even in later years, without the loss-making hedges in the name of diversification, sports an incredibly better annualized return than “legendary investor” Peter Lynch’s 29.2% (which is rather laughably weak when viewed by long-term, mainly AAPL investors).

The actual “legendary investors” would be those who began buying AAPL upon the return of Steve Jobs, never stopped buying AAPL year after year, reinvested dividends in AAPL every quarter, never wasted money on diversification in the name of mitigating risk (which also, in the absence of investing perfection (which does not exist), mitigates profit), but who instead went all in on AAPL and never sold a share.

*Prices adjusted for splits and dividend distributions.

Please help support MacDailyNews. Click or tap here to support our independent tech blog. Thank you!

Support MacDailyNews at no extra cost to you by using this link to shop at Amazon.

The post Apple comprises roughly 40% of Warren Buffett’s Berkshire Hathaway stock holdings appeared first on MacDailyNews.

original link


You may also be interested in this

New high-end Beats Studio…

New Beats Studio Pro over-ear headphones will arrive July 19, according to the same tipster who predicted the release of Beats Studio Buds+. (via Cult of Mac - Tech and

iOS 16.5.1 and macOS 13.4…

Apple today released iOS 16.5.1, iPadOS 16.5.1, macOS 13.4.1, and watchOS 9.5.2 updates, with the software adding security improvements. If you haven't updated yet, you should as soon as you

WWDC 2023: Everything you…

Macworld Of the big Apple events of the year, WWDC is the most reliable: In each of the past 16 Junes, like clockwork, Apple has held a big get-together for

Bug in new Mac Pro is dis…

Apple has revealed that "certain models" of internal SATA drives can be dismounted by the New Mac Pro.The new Mac Pro with its PCI-E card slotsThe new 2023 Mac Pro

Apple Maps redesign expec…

Public testing of redesigned Apple Maps for Taiwan has begun, but the full release isn't expected until June.Apple Maps image of Taipei, Taiwan. Image source: Justin O'BeirneFirst-party mapping data collected

Apple busts major iOS 17 …

The tipster who went by analyst941 leaked a large number of details about iOS 17, but their inside source has been caught. (via Cult of Mac - Tech and culture

Deals: Apple’s 16-I…

Apple's previous-generation 16-inch MacBook Pro (M1 Max, 1TB) has hit a new all-time low price today on Amazon. You can get the notebook for $2,649.00 in Silver, down from $3,499.00.

If no one can afford Appl…

Macworld We may not know much about what it is or what it’s good for, but it is apparently going to have you wishing you hadn’t wasted that $3,000 on
X

A whimsical homage to the days in black and white, celebrating the magic of Mac OS. Dress up your blog with retro, chunky-grade pixellated graphics to evoke some serious computer nostalgia. Supports a custom menu, custom header image, custom background, two footer widget areas, and a full-width page template. I updated Stuart Brown's 2011 masterpiece to meet the needs of the times, made it responsive , got dark mode, custom search widget and more.You can download it from tigaman.com, where you can also find more useful code snippets and plugins to get even more out of wordpress.