Warren Buffett Stories May 6

Earlier this week, we reported that Berkshire Hathaway, the conglomerate founded and run by Warren Buffett, had purchased an addition 75 million AAPL shares during the first quarter of this year. Now, Buffett says he wants to buy even more of the company…

expand full story

Warren Buffett Stories May 8, 2017

Billionaire investor Warren Buffett has explained why Berkshire Hathaway doubled its AAPL holdings in January, stating that he used his understanding of the furniture market to appreciate the strength of the iPhone …

expand full story

Sylvania HomeKit Light Strip

Warren Buffett Stories May 16, 2016

Warren Buffett’s conglomerate Berkshire Hathaway has purchased more than a billion dollars worth of AAPL stock. An SEC filing (via CNBC) revealed that the fund had purchased 9,811,747 shares worth a total of $1.069B as at the end of the first quarter.

It’s believed that Berkshire Hathaway owned few AAPL shares prior to this move. Warren Buffett said way back in 2011 that the conglomerate ‘held very few in the past and we’re likely to hold very few in the future’ as the company’s long-term prospects were too difficult to predict …

expand full story

Powered by WordPress.com VIP