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Todd or Ted was the first to buy Apple shares for Berkshire, but Warren Buffett made the decision for the bulk of Berkshire’s current stake in Apple. The $35 bi
by divbzero 6y ago
Todd or Ted was the first to buy Apple shares for Berkshire, but Warren Buffett made the decision for the bulk of Berkshire’s current stake in Apple. The $35 billion Apple investment (worth more now) [1] is larger than what Todd or Ted manage (about $13 billion each as of last year) [2]. Buffett has also commented publicly on the rationale behind his decision to own Apple.
[1]: https://www.cnbc.com/2020/07/16/warren-buffett-reaps-40-billion-from-giant-apple-stake-since-march-bottom.html https://www.cnbc.com/2020/07/16/warren-buffett-reaps-40-bill...
[2]: https://www.cnbc.com/2019/02/25/warren-buffett-says-berkshire-stock-managers-weschler-and-combs-have-trailed-the-sp-500.html https://www.cnbc.com/2019/02/25/warren-buffett-says-berkshir...