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

Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to discuss Berkshire cutting its Apple position.

[@caseybills5517]

I started investing in dividends with my taxable account. I used the buy and hold strategy in my Roth, adding some Berkshire B stock, SCHD, and an S&P 500 and total market exchange-traded fund.

[@StocksWolf752]

When I started investing last year, I avoided significant mistakes. I've focused on investing modest sums in stable businesses for the long term. If stocks perform well, I hold onto them; otherwise, I reinvest losses into profits. Recently, I made $9.5k from a $4k investment in NVIDIA.

[@JamesLongman-v5r]

Exactly, a good number of people discredit the effectiveness of financial advisor, but over the past 10years, I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but i'm financially secure and that's fine by me.

[@LiaStrings]

Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch if you don't mind

[@JamesLongman-v5r]

Rebecca Nassar Dunne is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@grego6278]

I looked her up, and I have sent her an email. I hope she gets back to me soon. Thank you

[@brianwhitehawker1756]

Roughly $120K in my portfolio are in tech/TSLA stocks, can I get an advice on any other stocks that I can acquire to diversify my reserve across multiple markets while creating a comprehensive portfolio allocation that balances my concerns of risk aversion and returns that meet yearly inflation.

[@yeslahykcim]

the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.

[@Jadechurch-ql3do]

The issue is most people have the “I will do it myself mentality” but not skilled enough. Ideally, advisors are perfect reps for investing jobs and at first-hand experience, my portfolio has yielded over 350%, since covid-outbreak to date, summing up nearly $1m.

[@lucaswilliams9992]

impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now

[@Jadechurch-ql3do]

“Lucinda Margaret Crist” is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment

[@andersonedward787]

Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

[@dianarabbanii2]

I’m mostly in cash and waiting for market to re-level on the reality of our situation. Or are there any ways I can avoid a crunch and maximize my savings of $550k? I know election years are positive for the stock market about 90% of the time. Meanwhile, I'm just focused on making better investments and earning more as recession fear increases

[@ClaudiaSchreiber-b1p]

I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience

[@NatalieFormor]

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K

[@ArfaanaBinUmar.]

This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

[@NatalieFormor]

Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.

[@DanielOrstein]

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

[@Lisa-w4u]

With the recent tumbling in market, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly-which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfolio

[@Muller-o4d]

Just ''buy the dip'' . In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder.

[@Marilyn-xm7ts]

Yeah, brokerage AdvisoRs could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of investors raking in 6 to 7 digits in a space of months. So, I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2020, and the least I returned was $140k ROI, and this does not include capital gain.

[@Chris-l5t]

Could you kindly elaborate on the advisor's background and qualifications?

[@Marilyn-xm7ts]

Jenienne Miniter Fagan is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@Aron-r3m]

I just googled her name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get.

[@frankedwardark]

As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.

[@AmithKaury]

well as you know bigger risk, bigger results, but such impeccable high-value trades are often carried out by pros.

[@Jamesjerome0]

A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

[@rachelonigirl]

Please can you leave the info of your lnvestment advsor here? I’m in dire need for one.

[@Jamesjerome0]

Her name is. 'GRISELDA ELENA JEMMOTT’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@rachelonigirl]

I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you

[@ironsoul2633]

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

[@KayFabe87]

That was before the cackling one was elevated to nominee status by the party bosses and the media hype machine began praising her as some great statesman.

[@brother_wesley]

@@KayFabe87Keep voting for rapists

[@brunomanco7529]

And hes right. Why would you want 3 or 6 month bonds? If you know that rates will come down, why not lock higher rates for longer? 5 to 10 years?, depending on your age

[@AlaskanGoldMiner]

He said to get out of cash and into treasuries. A very good move.

[@Mantraflip]

Like Scott said timing is everything… don’t try to time the market DCA & don’t stop!

[@silaakkidumma]

He answered everything except the question 😂😂😂

[@BrewerVera]

As an lnvestment enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.

[@FaithAndrada-xo9ou]

The current state of the market may bring opportunities to increase profits quickly, but professional assistance is required in order to put such a plan into action.

[@Raymondcraw1967RaymondCrawley]

Many people minimise the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm solvent. I looked for licenced advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.

[@AndersonFair-cy2bb]

How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

[@Raymondcraw1967RaymondCrawley]

My CFA ’Rachel Sarah Parrish’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@AndersonFair-cy2bb]

Just ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.

[@Mantraflip]

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

[@slytherben]

Yeah Apple was way too high at $220. Investors were acting like Apple Intelligence was already producing ROI

[@grc7231]

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

[@rickysilver1479]

so did josh

[@pierrebernard1532]

Lacoste ?

[@spacegator6376]

With a Gator

[@nechadi]

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

[@user-bi2jm2pr4r]

Or its his heart pressure. The way he talks is always intense and loud the guy has to chill.

[@jamesp8459]

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

[@eh7599]

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

[@dhruvpatel6604]

Apple market cap today $3.21T, Berkshire owned $168B or 5%

[@FelonyVideos]

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.

[@cejannuzi]

While the rest of us ate big heaps of crap trying to invest in any kind of bonds for the past 15 years. LOL.

[@nadinepersaud6691]

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

[@user-bi2jm2pr4r]

Yes. And the noise is LOUD this guest and JC Parrets are annoyingly loud. We can hear you if you talk at half that level guys. You think they talk to their wifes like that?

[@cozyslor]

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.

[@snoopcow]

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

[@kennethkyle8771]

Taking profit on half of his largest holding??? Maybe for a trader but it is out of character for Berkshire.

[@Koi-addict33]

Selling half isn't taking profit it's a defence move

[@SonsoftheEagle]

Buffet is on borrowed time

[@BeastModeWarrior]

that definitely doesn't look like taking profit move

[@snoopcow]

@@kennethkyle8771 He has been selling AAPL for almost a year .

[@Abaddon231]

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

[@Mr.Eeeeeeeee]

that is what the big boys are trying to do. Create panic and snap up shares on the cheap.

[@dreadhc8336]

Josh been crying

[@rickhayes-oh2zm]

buffet sold 50% is that panic

[@sebastianlassus912]

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

[@selmonpogba6080]

Lol, love it when ‘the poors’ think they know better than Warren 😂

[@GarrettKoval]

This is so basic. Look at P/E ratios people. They’ve held on to apple a lot longer than I thought they would, apple could continue grow for sure, but it’s not going parabolic anytime soon.. there are other places to make bigger profits, especially if you are long. Buffett’s just selling at the top so he can buy the bottom. So many people over analyze the hell out of this. Buy high, sell low.

[@freshcoastrider]

Nailed it. The news cycle just exacerbates everything to make entertainment around the clock. Stupid is as stupid does -Forrest Gump.

[@user-up3us5ui7r]

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

[@cameronjenkins5304]

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

[@eh7599]

You guys know less than I do. lol

[@FelonyVideos]

"Timing is everything" Sheesh. He spouts the exact opposite of Buffett. I have to wonder who their audience is -

[@SHORT-FRIDAYS]

This is exactly how they spoke back in 2008; "Our markets are strong!"

[@MatthewMS.]

Down Town JB in summer ☀️ casual today, looks good

[@Zen-one247]

AI flushed the toilet for itself...

[@nickwallen436]

I am still waiting on upst to hit 1000 like Josh brown said mutiple times 😂

[@Alloytribe86]

This is a great take actually

[@bmc9587]

Buffett sold because Berkshire was losing its diversity of allocations.. AAPL outgrew too much of the portfolio to stick around

[@JeffJacquesmd]

💯

[@jayceh]

It's 30+ PE zero growth If it was 12 PE 20% growth，you think Mr. Back up the Truck would have any issue?

[@erandeser5830]

Why is less important than to understand when. Amazing market timing. 🧐

[@soup100]

Buffett's average holding period is 8 years. It's been 8 years since he bought the stock.

[@timoooo7320]

That's crazy that Apple represented half of the company's stock portfolio. That's probably why he dumped half of it in order to diversify idiosyncratic risk

[@trapperwyman8192]

Buffet has balls that is the difference between him and the rest of investors. He’s not afraid to make money.

[@utubeisfake]

josh looks like hes super high wearing a smedium shirt.....

[@andrewjones3251]

The delusion of the hype machine CNBC

[@ryanmalcolm5145]

Agree. Buy the dip

[@christianromero9596]

Why is everyone freaking out...lol Nothing has changed, and if we fall into a recession, if there is blood on the street, it's time to buy. Breath it just part of the game.

[@sc225]

Thay might want to cash out from Apple and buy out a company like OXY

[@spacegator6376]

Insurance inflation contribution is 29%. Thanks Warren.

[@zoner__]

The house always wins.

[@michaelzheng2529]

well analysis of Buffet's move

[@eh7599]

Buffett is also exiting BAC.

[@user-ij9bs9ke9j]

has exited*

[@zoner__]

Now that I fully agree on.

[@petelipson3769]

Rockin' the Izod polo! Boohya!

[@GordonMoat]

When the coffee and Red Bull chasers start kicking in.

[@mitchletterman340]

Cocaine

[@richm34]

Do these guys even study the history of the market? It should be part of the job description. Take a look at 2008-2010. How much cash did BH have? How much stock did they buy when the market dropped 50%? Tough to figure out, isn't it? Wait for the crash, buy stocks. That's the formula. BH merely sees better uses for cash coming. They want to make more $$ than the upside AAPL has to offer in a very overvalued market.

[@davidhaynes3126]

Terra Power is not a publicly traded company yet.

[@nuxboxen]

Kamala has issued a statement: "Economies are based on markets, America has a robust economy. By having an economy that means Americas markets are indeed robust, because one of my core principals is that America must stay robust, I assure you a robust market economy will continue to be ours. Fear not and remember I'm black"

[@ThuTran-uo5ob]

you’re racist lol

[@zoner__]

Ah an idiot has interjected politics again into the market. While you are at it might as well opine on Buffet (the GOAT of investing) being a Democrat as well.

[@eh7599]

Pretending to know........

[@johnslater7718]

Buffet know that apple is overvalued, and is a company without growth

[@halomultiplayermoments]

Google not being the default search won’t be a big deal 😂😂😂😂😂😂 yeah hundreds of billions of dollars is not a big deal 😂😂😂😂😂

[@tylert9875]

Apple has not come up with real innovation or significant price cuts in years.

[@annu0912]

This type of flea unburdening was attempted by Anil Charles Naidu and Bill Shah Nawaz in the past. British Canadian hohos are hilarious. One of those teachers was yelling at me for asking something about my son. It seems she was so busy doing waste “movement” and dog reorientation that she didn't have time for my son. “We are busy right now” was the answer I got!WTF??

[@godofgaps-w2n]

damn, the people there at berkshire are good

[@titaniumsandwedge]

The answer is in plain sight. The Apple car was dumped. The Vision Pro is as predicted, a nothingburger. The new iPhones have very little innovation. There is no juice with AAPL. But it has a lot of momentum. BH is just ahead of everyone.

[@bigwaidave4865]

Nasdaq futures up 300 points. Don’t feel bad for the suckers that sold early yesterday. Panic is not an investment strategy 👍🤣

[@Chris-se3nc]

Blood in the water. Buffet wants liquidity to buy the dips

[@anjankumarkn123]

AI is just hype

[@jeffreydurrance5400]

No wonder insurance is going off the ($) chain, Buffett's behind it

[@user-bi2jm2pr4r]

Josh Brown liked ChargePoint stock in a downtrend, he's one of the clowns. Of course Buffett thinks the market will go a lot lower he would never sell this much at once otherwise.

[@Baldwin321]

I’m convinced that investing as little as 50k-150k in the right company before it goes big is more important than buying the dip, however picking the right company lies the difficult task. My question is, what are the best opportunities to accrue profits now, amid market crash?

[@Damon4324]

for me, investors should start with S&P 500/ETFs for a solid foundation, then diversify across asset classes and maintain disciplined, regular investing to minimize risks and maximize growth

[@Christian67337]

The issue is people have the "I will do it myself mentality" but not equipped for a crash, hence get burnt. Ideally, advisors are reps for investing, and at first-hand encounter, my portfolio has yielded over 300% since covid-outbreak to date, summing up nearly $1m.

[@Hudson367]

I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?

[@Christian67337]

"Aileen Gertrude Tippy" has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.

[@Hudson367]

Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks

[@mjsmcd]

Buying Chubb?

[@rickhayes-oh2zm]

dip you mean the collapse

[@theharsh2005]

May be Buffet wants to have enough cash for an upcoming purchase but still keep enough liquid float.

[@noahmccormick525]

What would trigger a 50% reduction of the share price

[@lpgoog]

Warren? 😂 I wish I was on a first name basis with THE MASTER

[@Caiogasp]

So funny to see a bunch of momentum traders talking about the best value investor in history. Common guys.

[@Needglory23]

Selling right before Apples AI super cycle?

[@hermanhalici1]

Tom Lee doesn't know if he is coming or going. This market is humbling everyone, smart, dumb and all the people in between. Shall we play?

[@paulrobbo321]

I haven’t looked in on these clowns in 6 months and KZbin keeps baiting me, I haven’t missed anything and nothing changes, Josh still shouts like a detective from some sh(t 1980’s TV show and the rest are just puhhh. I’m waiting for Mike Wilson as I get all his views and do the exact opposite

[@markdc1145]

This is beyond disastrous and has helped plunged us into a certain recession, although things were headed that way for some time.

[@OingoBoingo-r6w]

Cut the BS. BUFFETT signed off on Apple's stock buyback program if not ordering it. The stock buybacks were to benefit Buffett only. GREED! Insider trading.

[@freestylefranc2653]

smart money selling at the top🎉

[@cejannuzi]

Buffett crashed the market. SELL SELL SELL. No wait, BUY BUY BUY. No wait, SELL SELL SELL. No wait, BUY BUY BUY. LOL.

[@ericmorrison3563]

take the cash make the dash buy electricity 1000% profit

[@volfan2053]

Hot pink town Josh Brown

[@Mr.Eeeeeeeee]

Who cares what Buffett does? I have Berk but I don’t make moves based on Buffett.

[@annu0912]

It gets worse! Many kundians and asians and karuppans have come here post 2016 after hearing various success stories of how the previous batch golden hobos made it. Except they are not able to find these stock jackpot winners. Their families covered up their deaths!

[@rickhayes-oh2zm]

rate cuts help apple. According to buffet NOOOOOOOOOOOOOOOOOOO

[@RIQs_World]

Why not just Ask Buffet himself

[@videotryouts1]

Bear markets start with big violent moves like the beginning of 2022.

[@realtalkchannel1275]

"Burk-sure"

[@calvinj5639]

All of the "AI bubble" naysayers commented before PLTR reported their earnings lol

[@randyalbertsw1992]

Little Jock!

[@aliasoma]

Apple barely went down during Q2 so who cares?

[@Fastapproaching]

If you can't see that the market is overvalued, you must be blind

[@mikeshawn5864]

AAPL was long dead, it just buy its stocks to boost value😅😅

[@Mr.Eeeeeeeee]

yes it is dead and that is why it is the biggest company in the world. Where do you people come up with this stuff?

[@mikeshawn5864]

@@Mr.Eeeeeeeee why would patient W. Buffet sell it then?😮😅😊

[@Mr.Eeeeeeeee]

@@mikeshawn5864 I have no idea. Nor do I care. I don’t make investment decisions based on what other people do. I went all in on AAPL in 2007 @ $5 a share so I have been following the stock and company way longer than most people. Their future looks bright.

[@tklestnoas7657]

market have big crash today also, my one stock was good uber, when the report came 2 days before stock up 6 dollars today was also stock up, another stock is cava new company, also buy tsla when stock down, it is a good chancce to buy stocks when price go very down, intc price was 18 dollars after report i buy that stock every day that is one big stock i have 159 stocks , just waiting for trump american president we can make enough money through stock market thnaks

[@sohcammer]

Keep telling yourself Buffet's move doesn't mean anything. Take another hit on the pipe buddy. Buffet is on the inside and you are buying Amazon - buh-bye.

[@ganasyfe]

Josh always talking as if nobody knows anything! 😂

[@harveypost7799]

Y I hit watch an AI COMPUTER.

[@tringuyen7519]

Don’t care about Analysts’ views. Tried the new Siri on iOS 18 & it’s way better than MSFT copilot! How MSFT dropped the ball is beyond me!

[@weho_brian]

warren doesn't know how to buy SPY/QQQs ?

[@hangender]

cant teach old dog new tricks

[@daximil]

As of last quarter, he owned 39,400 shares of SPY. Didn't own any QQQ, but owned 43,000 shares of VOO.

[@annu0912]

In this game of lotto stock distribution, having thousands of stocks of apple and Amazon doesn't mean a thing. One needs to continue their “golden” game and continue to bark until their names are called for money distribution. Looks like many extremely loyal dogs are also faking as though they made it and got the money. These would Europeans, Canadians and other desi dogs like pichai and Nutell

[@MaryMatthew-m7b]

Who is the coach that provides guidance,i urgently require assistance, my stock portfolio is stagnating and i need investment advisor for retirement.

[@HenryMoon-g9r]

TIMOTHY ERIC MEEK is the licensed coach I use, just research the name you will find necessary details to work with a correspondence.

[@BeckyStone-z7u]

TIMOTHY ERIC MEEK is a trade analyst, professional in his field, very reliable and trustworthy.

[@StephenEzra-y6d]

Getting advice from financial advisors like TIMOTHY ERIC MEEK for retirement, will be a smart move to reshape your portfolio.

[@UnderwaterLoans]

Josh must be getting smoked off the top. 😂😂😂😂

[@evaluation1179]

AVGO MU !!!!!!

[@graces.2827]

Dump AAPL & META!!! Get in TSLA. $195 is good entry for mid-term investment!

[@JWSeltzer1138]

Dude fix your speech impediment if you’re going to be on TV

[@davidhaynes3126]

Im thinking that Berkshire is now investing with his Buddy Bill Gates in Terra Power. Terra power is needed for the power requirements of the new economy. No ?