Warren Buffett makes $75 billion in Apple, dumps newspapers and IBM

Yahoo Finance’s Editor in Chief Andy Serwer joins Alexis Christoforous and Brian Sozzi to discuss the losses and gains Warren Buffett saw in the last week alone on The First Trade.
#WarrenBuffett #Apple #berkshire

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[gattaca]

He didn’t make $75 b on apple. That’s his stake? Please stop click baiting !!

[CaseyBurnsInvesting]

When you own so many businesses sometimes businesses go south. He did great buying Apple. Great investor. He’s a net winner.

[stevemygoodman]

You can’t say he made the money until he cashed out.

[astelija]

"Thats what makes him Warren Buffet, thats right Alexa"
How savage lol

[cheeveka]

You know the Newspaper is becoming a thing of the past when Warren Buffet does not invest Newspaper anymore.😂

[johnpatrick]

Imagine how rich he would be if invested in tech when it was cheap. Instead he was buying newspapers.

[puma]

Buffet has said that Apple wasn’t his idea, he just signed off on it.

[vladislavbashev]

Imagine if he invested 10 billion in Tesla... The environmental impact and energy sustainability would skyrocket so hard. It will be amazing.

[IlluminatiSilver]

Surprised he did not sell newspapers years ago - good call on Apple in 2016 and also probably best time to get out too

[noelio]

What tax % do Americans pay on shares that they sell?

[marketupdateseveryday]

It was a great change from being a paperboy to its owner as now. Respect the great investor of all time 👏🙏 from Stock Market profit channel Market Updates Everyday

[christopherdukes]

No one ever talks about the income from his portfolio, interesting that they focus on "losses on paper" but what was the income on those investments while he held them?

[ek]

Cutting down his losses and riding his winners

[hymansahak]

Why do people still keep talking about Buffett? Buying the SPX will do you as good as Berkshire. Buffett hit a couple of home runs early in his career with outright purchases of companies but he hasn’t done anything different from fund managers for the last 30 years. Buffet is just propaganda for the media.

[WILSON.]

Gini Rommetti, yet another highly respected and lauded woman in business who ran a business into the ground. But hey, “she stood up to men in board rooms.” Oooh impressive.

[spiders]

Unless you have Warren Buffet's kind of money, and are near his age, do not invest with him. Or not big stakes, OK? A great portfolio for a rich old man. Very conservative.

[FreshKicks]

I would buy Berkshire, but it doesn't pay dividends.

[hlkihglkhglkhg]

Buffet is holding more cash than he ever has

[makeracistsafraidagain]

He’s 85 what is he going too do with all that money?

[Furtivo]

If only he invested just a modest 30 billion in Tesla in 2010. That stock would be worth $900 billion today.