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Warren Buffett's Berkshire Hathaway likely scored a $50 billion gain on Apple in 2020
1 month ago | By Business Insider
Summary List Placement
Warren Buffett's Berkshire Hathaway probably made a $50 billion gain on its Apple bet last year, boosting its total gain from the tech investment to more than $90 billion.
The billionaire investor's company spent about $35 billion building its Apple stake, which surged in value from roughly $72 billion to $125 billion in 2020, assuming Buffett hasn't slashed the position.
Apple made up almost 48% of the value of Berkshire's $229 billion stock portfolio at the end of September.
Buffett has praised the iPhone maker as "probably the best business I know in the...
Read more ...
Warren Buffett's Berkshire Hathaway likely scored a $50 billion gain on Apple in 2020
1 month ago | By Business Insider
Summary List Placement
Warren Buffett's Berkshire Hathaway probably made a $50 billion gain on its Apple bet last year, boosting its total gain from the tech investment to more than $90 billion.
The billionaire investor's company spent about $35 billion building its Apple stake, which surged in value from roughly $72 billion to $125 billion in 2020, assuming Buffett hasn't slashed the position.
Apple made up almost 48% of the value of Berkshire's $229 billion stock portfolio at the end of September.
Buffett has praised the iPhone maker as "probably the best business I know in the...
Read more ...
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