News for hackers. Stuff that matters.
Re:Warren Buffett sells his Oracle shares, retains $44B inve... by altairiumblue on Saturday March 02, 2019 @12:51PM (#19290194)
Yes, this always struck me as strange and at the time my naive thought was that Apple was overvalued.

https://www.youtube.com/watch?v=lTd7Iax-I60

What he says around 00:27 about Snickers applies very much to Apple as a brand. This is the only Buffet-ish explanation of why Berkshire would invest in Apple that I could think of.

And apart from this, the decision to buy a lot of Apple stock a while back was made by other asset managers, not Warren himself, and I'm sure was the result of thorough analysis, not based on some offhand comment in an interview.

There are no comments on this comment yet.