LowNeutral
Announced Mon, 20 Jul · 12:37 IST
Warren Buffett admits to a rare mistake with these 2 big tech stock bets
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Warren Buffett admitted mistakes on Alphabet (not investing sooner) and Apple (selling too early), with Apple still Berkshire's top holding at about 22% of its $263 billion equity portfolio. Berkshire invested about $35 billion in Apple between 2016 and 2018, which grew to around $185 billion before tax. Buffett also criticised current markets, saying value investing is fading as investors prefer gambling over disciplined stock picking.