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re: Berkshire Hathaway sells 13% of AAPL stock. Now holding $189 Billion in Cash.

Posted on 5/4/24 at 11:58 pm to
Posted by Thundercles
Mars
Member since Sep 2010
5205 posts
Posted on 5/4/24 at 11:58 pm to
All In podcast said there has been historically a correlation between how many times Buffett mentions a company in his annual letter, how much of that company's stock they hold onto, and that company's stock performance in the coming years.

Apple had the fewest mentions, Buffett started to shrink his position, Apple stock could be questionable for a bit.
Posted by FLObserver
Jacksonville
Member since Nov 2005
14518 posts
Posted on 5/5/24 at 8:58 am to
Im guessing AAPL will be back down to 175 tommorrow then who knows where from there? The earnings were not great so i could see a slow drift back into the 160's.
This post was edited on 5/5/24 at 8:59 am
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11281 posts
Posted on 5/6/24 at 3:00 pm to
quote:

Apple stock could be questionable for a bit.


Do you know how much they are authorized to buyback shares?
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