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A comment on Berkshire halves Apple stake, boosts cash to $277B as it gets 'defensive'. Parent comment

Re:Berkshire halves Apple stake, boosts cash to $277B as it ... by mixmastamyk on Sunday August 04, 2024 @03:47PM (#41155841)
In ~2009 Apple lost 50% of its value—despite previously introducing a world changing product and having billions in the bank. Macro trends affect everyone and premium stocks often get hit hardest.
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Re:Berkshire halves Apple stake, boosts cash to $277B as it ... by freedomben on Monday August 05, 2024 @10:29AM (#41161691)
Yes, but that describes most other stocks too. 2008/2009 was a general blood bath. No matter where your money was (in the stock market) it took a beating.
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Re:Berkshire halves Apple stake, boosts cash to $277B as it ... by mixmastamyk on Monday August 05, 2024 @12:27PM (#41162806)
Yes, and Apple took a harder beating than usual because it was overvalued (ahead of itself) beforehand. Plausible potential future about to rhyme with the past.
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