Warren Buffett's Berkshire Hathaway Cuts Apple Stake by Almost Half

Berkshire Hathaway Inc. has slashed its stake in Apple Inc. by almost 50%. That's part of a massive second-quarter selling spree that boosted Warren Buffett’s cash pile to a record $276.9 billion. Katherine Doherty reports on Bloomberg Television.
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[AmithKaury]

Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid economy crisis, and even pull it off easily in favorable conditions. Unequivocally, the collapse is getting somebody somewhere rich

[Cronellishways]

Very interesting, he held it long enough, its time to reap the benefits. This is why he stays rich.

[AH-fmrj]

He started selling in last quarter. He sold 13% in Q1 and another 50% in Q2. Most probably the rest in Q3.

[cato]

Smart move. Tim Cook is leading the charge down the tubes.

[GordonMoat]

Reasonably good timing to take profits. Better to have ready cash to deploy on the downturn.

[tqquscs]

They will invest it in Lockheed Martin and the rest.of the military industry

[pauleverest]

Apple has lost the ai battle, screwed up the car, didn’t buy Tesla and charge you $130 for a charger. Slow your phone down when they want you to buy a new one.

[pmkmedia]

That’s nice, so for the current sales which ones are the best deals right now? I have not seen prices like these for a while, bit excited

[abcdef-unby]

Except for Mac...ther is no apple product which is the best....worst pricento performance....even for Mac you can get decent windows pc for half the price

[germainwilson]

Lol he sees the new iPhone coming with Ai that no one wants

[randomdude]

The people who locked in the 10-year Treasury yield at 500 bps must be feeling on top of the universe now.

And they have all the legitimate right under the Sun to feel that way.

[btcmzec]

I started cashing out of most of my stocks after Buffett spoke at his last meeting. He basically said everything is too expensive and the global condition was bad.

[almaguapa-sailboatliveaboa]

Apple is adding BTC into their business strategy. Buffet despises anything web3 or AI.

[ps]

Buffet thinks the market is too overbought. He is waiting for a big fall. If people are smart, sell your stocks now before it is too late. It is better for them to buy treasury to make 5 percent risk free return.

[larryjones]

The average investor (you and me), should ignore what Warren does. He's in a very high risk arena. The rest of us are in a whole different arena (low cost index funds with limited trades).

[gerard]

They're not to say "it's because things are about to get bad" that would make the whole world go crazy.

[winsonleow]

The oracle haven’t been making any move for quite a while..

It seems that globally systematic risk are overwhelming & risk-reward is not sensible anymore.

[macattack]

that is a lot to sell for tax purposes.

[Personalfinance_]

Could definitely see Buffet increasing their stake in CVX, maybe even buying a controlling interest.

[DarkoFitCoach]

Warren is cleaning up today with the huge market drop

All good companies are on sale! Golden times for smart people

Dummies sell and smart ones buy. For me sp500 for life. Got it on 10% discount today.