People Say Buffett Doesn't Understand Tech, But He Made 3,400% On Something So Simple
Briefly

Warren Buffett made a remarkable investment in Apple starting in 2016, growing Berkshire Hathaway's stake to over $40 billion, solidifying Apple as a vital part of the portfolio. However, in late 2023, Buffett began selling off a significant portion of his Apple holdings. Despite this reduction, Berkshire remains a key shareholder of Apple. These recent moves have raised questions about Buffett's outlook on the market, as he has been perceived as more bearish than in years past, prompting discussions regarding investment strategies for others in a shifting market.
Buffett's investment in Apple has been one of Berkshire Hathaway's most successful moves, spanning nearly a decade.
Buffett began buying Apple shares in early 2016, gradually increasing Berkshire's stake to more than $40 billion.
In late 2023, Buffett started reducing his position, selling off a significant chunk of his holdings.
Read at 24/7 Wall St.
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