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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[@LejlaGöransson]

Everyone's preaching doom, without any key data-trajectory on how to maneuver, it's obvious stocks are unstable but folks are still pulling off huge 6 figure profits from this same market everyone is warning us about, videos on such strategies to maneuver will really be helpful, thank you.

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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

[@kurtKking]

I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such execution are usually carried out by investment experts with experience since the 08' crash

[@Jamesjerome0]

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[@Kaustavpatell]

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

[@Cronellishways]

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

[@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.

[@AH-fm7rj]

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

[@napoleonbonaparte1260]

@@AH-fm7rj he spoke highly of not purchasing more of Apple. Now hes selling. Theres something going on we dont know.

[@AnuragShrivastav-7058]

@@napoleonbonaparte1260 AI bubble is bursting thats what is happening.

[@einsam_aber_frei]

Not only that. Among the big techs, Apple is the most reliant on China market. Coupled with slowing sales of iPhones, and Apple is actually falling behind in the AI race.

[@germainwilson800]

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

[@user-tq5qu8sc5s]

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

[@BruceJ999]

War is profitable

[@rizzamaeong]

@@user-tq5qu8sc5s speculation.

[@CoinsInTheWild]

could be big sell off on Monday.

[@cato451]

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

[@8Trails50]

300% in the past 5 years is down the tube?

[@GordonMoat]

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

[@DarkoFitCoach]

Correct and today black monday and everything is on sale!

[@GordonMoat]

@@DarkoFitCoach I don't think today is going to be the only down day this week.

[@ps3301]

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.

[@DarkoFitCoach]

Exactly whats happening today. And for me its great as i can get my sp500 index for a Big Discount. Thank you sellers😂

[@user-bt9cm7ze4c]

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.

[@abcdef-un5by]

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

[@gerard6038]

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

[@tigran1993]

Market Crash incoming.

[@briangasser973]

Correction - Probably. Crash - No. Banks are stable, well capitalized, and lending. Unemployment is 4.3%. Interest rates will be coming down.

[@randomdude7384]

A crash is followed by a rebound like the night is followed by a day.

[@turbofanlover]

Yep. Long overdue, too.

[@timopint1125]

@@briangasser973 banks are stable .... ahahahahhahahahahahahahahhahaahahahahhhahaahahahaahahah

[@briangasser973]

@timopint1125 Have you seen the amount of reserves that the big 4 banks have on their balance sheet? This isn't 2009 with banks full of toxic CDOs and worthless mortgages.

[@lokesh303101]

Smart Move!

[@randomdude7384]

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.

[@smakhija4987]

good to know !

[@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

[@almaguapa-sailboatliveaboa440]

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

[@Needglory23]

🤥

[@jorgeespinosa3179]

Oh oh

[@macattack1958]

that is a lot to sell for tax purposes.

[@Velnio_Išpera]

Could you explain why there is a tax on apple?

[@user-cr6ki4qs4y]

@@macattack1958 yeah, nobody is gonna fall for that he did it for tax reasons.

[@larryjones9773]

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).

[@Lichtenstein_]

Buy the dip dips HODL LIFE 😊😅❤🎉

[@H3H3official]

wow ❤

[@ho2673]

What dip ?

[@Lichtenstein_]

@@ho2673 crash dip thing coming next

[@DarkoFitCoach]

​@@ho2673today markets are dropping like flies. That dip

[@元秦武都]

What about his investment in Japan?

[@RealRick0408]

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.

[@OingoBoingo-r6w]

Buffett signed off on if not mandated that Apple buyback shares. This was not to benefit Apple. It solely was an advantage for Buffett. It gave him a market to unload his position. GrEED is INSATIABLE. He cares not one iota for shareholders. Smells like a LAWSUIT!

[@SSYlist]

Overdue

[@Droid3455]

Today could be black monday

[@dlcs1406]

Holy Sh*t!!

[@Gemät_33]

I sold everything 🤙🏼

[@AbdulSalam-zt2kz]

Market manipulation

[@turbofanlover]

Look out below!

[@michaelzero5144]

Because someone sells the stocks doesn’t change Apple worth and performance. With that being said one person should not be able to effect the stock this much. Warren is a @$:):@ and stock crashing pre down over $17

[@DarkoFitCoach]

All tech is crashing and its not due to buffet

[@nataliakimstanco7492]

How's the weather in Omaha ?)

[@rizzamaeong]

Yup. Typhoon might hit. Or flood.

[@nataliakimstanco7492]

@@rizzamaeong for me seems like - drove my chevy to the levee :)...(for my samsung"s orphan and good deed)1.8 billion dear ...

[@nataliakimstanco7492]

20/8/2024 ( i hope you saw prices for Barkly plaza apartments in Moscow /Russia)not less then Hollywood"s stars has..);)

[@Wubbay828]

The economy strong he crazy lmao

[@DarkoFitCoach]

Havent seen the markets plummet today?

[@Personalfinance_10174]

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

[@DRAKENAP]

I am forever grateful to Mr. David , he has completely changed my life and I will continue to preach in his name until everyone hears that you saved me from a huge financial debt with a small investment, thank you Mr. David

[@HwaWalvatne]

I believe the Bitcoin ETFs approval will be life changing opportunity for us, with my current portfolio made from my investment with my personal financial advisor I totally agree with you

[@Needglory23]

Big mistake!

[@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.

[@lucafittabile8937]

he knows a lost decade is in front of us...he's goonna buy back in few years

[@DarkoFitCoach]

How u figure its gonna be a lost decade? Sure some hwad wind as often but even after collapse of 2008 next year sp500 went up 23%. So 10lost years seems totally unrealisric so pls explain why

[@alessandromontebovi9090]

2000/2010

[@DarkoFitCoach]

@@alessandromontebovi9090 lost decade but then it recovered and we are so much higher now then ever. So stagnation happens and longer term stocks always go up

[@Cal71922]

My ass. Markets will rebound soon

[@doran-f6w]

It seems certain stocks are undervalued, flying under the radar despite their potential. You can't help but wonder when the market will recognize their true worth. How can I invest $600K wisely to ensure our future security?

[@Danielchirs]

It's frustrating when market inefficiencies persist, particularly with undervalued stocks. Consider consulting an advisor for smarter investing decisions.

[@VJDaOne]

Joe Biden and Kamala watch 🥴🤦🏾‍♂️

[@waynehornberger9825]

Wealth of the wicked is layed up for me they shall gather it up but I shall put it on he that by usery and Unjust gain increaset his substance he shall gather it up for me because I pity the poor they work

[@herrys6752]

luckily he doesn't have any Alzheimer so he can manage his wealthiness .

[@platoscavealum902]

ℹ️

[@adamhooper9098]

He's going to buy NVDA after earnings.