Berkshire Hathaway cuts Apple position: Here's what you should know

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Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to discuss Berkshire cutting its Apple position.
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Warren Buffet's decision to sell Apple stock, while diplomatically explained, suggests a belief that Apple's growth potential is diminishing - Apple faces significant headwinds, including: Multiple lawsuits in the US and EU, Plus potential fines could impact profitability.I have over $320k in stocks. Currently, my portfolio is down by 15%. Wondering if they're any short term opportunities I can invest in

dianarabbanii
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Josh brown, the guy who said 3 weeks ago "get out of cash" 😂😂😂

ironsoul
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He answered everything except the question 😂😂😂

silaakkidumma
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ohh so now valuation matters...because warren said so LOL

sebastianlassus
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If buffet wanted to sell half, doing it all in 1 quarter makes sense. (Before everyone found out)

Mantraflip
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Lol Josh's eyes match his shirt, dude is lit AF

nechadi
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He can't get "all the way out" without crashing the stock and hurting himself. Duh. He has to get out in stages.

eh
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Always getting context from Josh Brown, which is why I love him

jamesp
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I love Josh's pink IZOD shirt. I outgrew mine 25 years ago.

grc
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You can bet 100% that the cash went into treasuries, which should now be massively increased in value since the fed is about to lower rates like mad. The man is a genius, and so are his lieutenants.

FelonyVideos
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If Buffett sold a bunch of AAPL in the second quarter, then he likely missed the run up from ~$170 during the quarter. And, current price is about the same as it was 6/30. So, let's not say it was a great move. Interesting to talk about but that's about all.

cozyslor
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Buffet made 9X on AAPL investment, it's called taking profit. These talking heads are ridiculous.

snoopcow
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Keep selling ... Sell it all!!
Panic...run..
Ill pick up the pieces and gladly take that cash .

Abaddon
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josh looks like hes super high wearing a smedium

utubeisfake
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Berkshire and the market has been overvalued for the past year. I'll just dollar cost it, until it consolidates.

upusuir
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"Timing is everything"

Sheesh. He spouts the exact opposite of Buffett.

I have to wonder who their audience is - <30yo kids who have no idea what is actually happening? 😂😂😂

FelonyVideos
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A.I Speculative Housing Mega Cap Ultra Bubble. This is just a taste. Get ready!

cameronjenkins
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I think you guys should bring new people on your show. Current ones only make noise

nadinepersaud
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Down Town JB in summer ☀️ casual today, looks good

MatthewMS.
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Most of my $800k portfolio is in tech stocks, with about 65% in Apple, which has performed well, especially considering its P/E ratio. Given the current uncertainty, what stocks could match Apple's growth over the next decade?

Marquez