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They are 40% of the S&P 500, so it makes sense that they are primary drivers of its growth. They are also all tech companies, which had a really amazing run du
by moi2388 1y ago
They are 40% of the S&P 500, so it makes sense that they are primary drivers of its growth.
They are also all tech companies, which had a really amazing run during Covid.
They also resemble companies with growth potential, whereas other companies such as P&G or Walmart might’ve saturated their market already
- andsoitis 1y ago> They are also all tech companies, which had a really amazing run during Covid. Only 8 out of the 10 are. Berkshire and JP Morgan are not. It is also arguable whether Tesla is a tech company or whether it is a car company.
- ahmeneeroe-v2 1y agoBerkshire holds ~$60B+ of Apple and is also exposed to AI through its power-utility arm, Berkshire Hathaway Energy.
- andsoitis 1y ago> Berkshire holds ~$60B+ of Apple and is also exposed to AI through its power-utility arm, Berkshire Hathaway Energy. Apple is 22% of BRK’s holdings. The next biggest of their investments are Amex, BoA, Coke, Chevron. They are not a tech company.
- ahmeneeroe-v2 1y agoBRK has significant AI exposure through both Apple and Berkshire Hathaway Energy. So while they are not a tech company, they have more exposure to the AI boom than basically any other non-tech company.