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If they only make 50 bets, isn't each one substantial by some definition? It's certainly not a scattershot approach.
by cloudwalking 10y ago
If they only make 50 bets, isn't each one substantial by some definition? It's certainly not a scattershot approach.
- jonknee 10y agoIt depends on the size of the bet, .83% of the portfolio isn't substantial in any way (if AAPL went to 0 tomorrow it would barely budge Berkshire's portfolio). In comparison their Wells Fargo stake is 23x the size of Apple's. http://whalewisdom.com/filer/berkshire-hathaway-inc#/tabholdings_tab_link http://whalewisdom.com/filer/berkshire-hathaway-inc#/tabhold...