News for hackers. Stuff that matters.

A comment on Berkshire Hathaway bought a $4.1B stake in Apple chipmaker TSMC. Parent comment

Re:Berkshire Hathaway bought a $4.1B stake in Apple chipmake... by bombcar on Tuesday November 15, 2022 @01:24PM (#33612962)
How did he not buy Apple and end up with Apple being 40% of Berkshire?
[ Parent | on HN ]
Re:Berkshire Hathaway bought a $4.1B stake in Apple chipmake... by lotsofpulp on Tuesday November 15, 2022 @01:26PM (#33612995)
He did relent and buy Apple in 2016. The quoted portion is from the 2012 shareholder meeting.

Also, by what measure is AAPL 40% of BRK?

[ Parent | on HN ]
Re:Berkshire Hathaway bought a $4.1B stake in Apple chipmake... by bombcar on Tuesday November 15, 2022 @01:29PM (#33613032)
I went off of this: https://www.cnbc.com/berkshire-hathaway-portfolio/ but it may be outdated.

Either way it's 5% of APPL, which means Apple is HUGE.

[ Parent | on HN ]
Re:Berkshire Hathaway bought a $4.1B stake in Apple chipmake... by lotsofpulp on Tuesday November 15, 2022 @01:47PM (#33613242)
I assume that is only a list of the publicly listed shares BRK owns, since it totals to $345B and the market cap of BRK is ~$680B. They must have other assets for such a huge pricing discrepancy.
[ Parent | on HN ]
Re:Berkshire Hathaway bought a $4.1B stake in Apple chipmake... by twoeyes2 on Tuesday November 15, 2022 @05:23PM (#33615954)
Yes. The stock portfolio is only a fraction of BRK. They own an entire railroad (BNSF), a very large electricity utility, GEICO and other insurance firms, and dozens of other entities - many would be Fortune 500 firms on their own.
[ Parent | on HN ]