WSJ profile explores why Warren Buffett and Berkshire Hathaway’s bet big Apple

Earlier this week, it was reported that Warren buffet, Berkshire Hathaway has sold more than 800 milli dollars worth of AAPL stock. This is a amount relatively unimportant compared to the total amount of Apple owned by Berkshire. Now, a new report The Wall Street Journal the details of how warren Buffett has found his “elephant” with this giant of the interest in Apple.

As the report explains, the value of Berkshire’s stake in AAPL has more than doubled since the cglomerate began buying the shares in 2016. Berkshire Hathaway has invested nearly $ 36 billi in Apple stock, and that stake is now valued at almost $ 79 billi.

This means that Apple accounts for 14% of Berkshire’s market capitalizati, which is “more than any other stock in his portfolio.”

The report describes in detail how Buffett’s investment strategy has evolved over the years. From the beginning, warren Buffett has invested in companies selling below their value. Later, he changed to the purchase of “good-business” with competitive advantages:

Buffett has started to investigate Apple at the beginning of 2016, when his Berkshire portfolio managers have purchased a $1 billi stake in the company.

Apple “is certainly an elephant,” Mr Buffett, said Thomas Russo, partner at Gardner Russo & Gardner, a lg time holder of Berkshire shares. “This shows that he is certainly ready to swing at a big fat pitch when it comes across the plate.”

As the report explains, the value of Berkshire’s stake in AAPL has more than doubled since the cglomerate began buying the shares in 2016. Berkshire Hathaway has invested nearly $ 36 billi in Apple stock, and that stake is now valued at almost $ 79 billi.

The full report has some interesting details Berkshire investment in Apple and other companies, and how things may change in the future.

Apple “is certainly an elephant,” Mr Buffett, said Thomas Russo, partner at Gardner Russo & Gardner, a lg time holder of Berkshire shares. “This shows that he is certainly ready to swing at a big fat pitch when it comes across the plate.”

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